On the other side of Ukraine, in southern Zaporizhia region, Norway’s NBT starts construction this summer of Zophia, a 75-wind turbine farm with a capacity of 338 MW.

Tuesday, June 22, 2021

Coupled with NBT’s 246 MW Syvash wind farm, operated in Kherson region with France’s Total Eren, NBT says it will have attracted €1 billion in foreign investment into Ukraine. “Every project that is successfully financed and implemented in Ukraine will create trust from international investors, leading to reduced country risks and cost of capital,” NBT officials Magnus Johansen and Ingrid Sara Grimstad Amundsgård write in the Kyiv Post. “This is the main reason why the Ukrainian government should comply with its obligations toward renewable energy investors.

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