Since the start of this year, Ukrenergo’s ‘Guaranteed Buyer’ unit has paid for only 27% of the power it took from solar and wind producers

Tuesday, August 4, 2020
Since the start of this year, Ukrenergo’s ‘Guaranteed Buyer’ unit has paid for only 27% of the power it took from solar and wind producers

Since the start of this year, Ukrenergo’s ‘Guaranteed Buyer’ unit has paid for only 27% of the power it took from solar and wind producers. For the last four months, this unit known as ‘GarPok,’ has only paid 5% of its debts to renewable energy producers, according to its website. As of July 20, this debt was $657 million. Under the ‘Green Tariff’ law signed Friday by President Zelenskiy, the government commits to repaying this debt by the end of next year.

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