Spain’s Acciona Energia Global will work with Kyiv’s UDP Renewables to increase the Velyka Dymerka solar power plant nearly 10-fold

Spain’s Acciona Energia Global will work with Kyiv’s UDP Renewables to increase the Velyka Dymerka solar power plant nearly 10-fold, to 57.6 MW. The EUR 55 million project will be the Spanish energy giant’s first project in Ukraine. Located 40 km east of Kyiv, the plant is expected to reach capacity one year from now, in time to take advantage of the ‘green tariffs’ for solar energy, says Vasyl Khmelnytsky, founder of UFuture, which owns UDP Renewables. Acciona CEO Rafael Mateo says his company starts operations in Ukraine with financing from the EBRD.