Manipulation of European funds by Ukrainian officials will be the basis for DTEK Renewables lawsuits in the international courts. The Ukrainian Guaranteed Buyer has acknowledged manual intervention in distributing the European targeted loan to repay debts to green investors, including DTEK Renewables. One result of the Illegal a... #DTEK #GreenENergy #RenewableEnergy
The “Guaranteed Buyer” paid UAH 16.3 bln ($62 mln) for electricity from renewable sources. The state-owned enterprise has recommenced payment for “green” kilowatt-hours purchased in the past and current years. “Thanks to the joint ef... #GreenENergy #GuaranteedEnergyBuyer #RenewableEnergy #RESdebtpayments
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. 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 s... #NBT #RenewableEnergy #WindEnergyUkraine
This year, renewables will account for 70% of total investments worldwide in electricity , the International Energy Agency says in a new report. Renewables, largely wind and solar, will get $530 billion, the Agency says in the 64-page study. This year, for the sixth year in a row, investm... #RenewableEnergy #RESinvestments
DTEK’s Tiligulska wind power project, with a capacity of 126 MW, is under construction this summer and should produce power next year , DTEK reports. Located in southwest Mykolaiv, the project is largely financed with money from a green Eurobond that DTEK issued in the fall of 2019. If the government catches up with overdue payments... #DTEKEnergy #RenewableEnergy #WindEnergyUkraine
Peter A. Gish, founding CEO of Ukraine Power Resources, said: “Ukraine has an extraordinary land resource which is compatible with large scale renewable energy. We look forward to building our next wind project.” #energyukraine #RenewableEnergy
As temperatures increase, solar and wind electricity production increase, but electricity consumption decreases, warned Ukrenergo. During the week of April 5-11, renewable production increased by 17% to 227 million kW, but electricity consumption decreased by 1%, to 2.86 billion kWh. Going into the high producti... #RenewableEnergy #Solarpower #Ukrenergo #windpower
