Solar and wind producers are asking Prime Minister Shmygal to use state budget money to pay bills that could top $1 billion by the end of this year. Under a law that went into effect Aug. 1, the government commits to keep current on the new, reduced green tariffs and to pay 40% of the backlog by the end of this year. The remaining 60% is to be paid next year. In a letter signed yesterday by producer groups, the government was $800 million behind on August 1st. Now, the Guaranteed Buyer, or GarPok, predicts it will have trouble paying $350 million more by the end of this year. The letter was signed by the European-Ukrainian Energy Agency, the Ukrainian Wind Energy Association and the Ukrainian Renewable Energy Association.
Solar and wind producers are asking Prime Minister Shmygal to use state budget money to pay bills that could top $1 billion by the end of this year
