ukrainewindpower

Tuesday, March 2

With wind and solar executives desperately renegotiating bank loans and talking to lawyers about international arbitration With wind and solar executives desperately renegotiating bank loans and talking to lawyers about international arbitration, the most visible sign of Ukraine’s crisis came in January when Norway’s Aker...

By contrast, Europe installed By contrast, Europe installed 14.7 GW of new wind capacity last year. Wind farm generation covered 16.4% of electricity consumption in Europe, reports WindEurope.

Despite lower rates and uncertainty over payments, several wind projects are advancing in Ukraine: Despite lower rates and uncertainty over payments, several wind projects are advancing in Ukraine:

Two US-originated companies Two US-originated companies, VR Capital Group’s Elementum Energy and Peter Gish’s Ukraine Power Resources plan to inaugurate this spring a 40 MW wind farm in Starokozache, on the Dnister estuary, 75 k...

Turkey’s Atlas Global Energy plans to build a 16 turbine, 60 MW wind farm in a Carpathian mountain valley Turkey’s Atlas Global Energy plans to build a 16 turbine, 60 MW wind farm in a Carpathian mountain valley near the Beskidy railroad tunnel, reports Daily Lviv. The tracks through the newly rebuilt, 1....

France’s Eurocape New Energy has commissioned a 98 MW wind farm France’s Eurocape New Energy has commissioned a 98 MW wind farm in the Priazovsky district of Zaporizhia. The plant, Eurocape 1, has 27 GE tubines, each with a capacity of 3.6 MW. Originally planned t...

Hong Kong’s Hiro Asia Investments is paying for the construction of a 25-turbine, 75 MW wind power plant that is to guarantee electricity for Yuzhne, Ukraine’s largest port Hong Kong’s Hiro Asia Investments is paying for the construction of a 25-turbine, 75 MW wind power plant that is to guarantee electricity for Yuzhne, Ukraine’s largest port. China is Ukraine’s largest...

Ukrposhta, the national postal operator, starts this week a partnership with OLX, one of Ukraine’s largest online market places. Ukrposhta, the national postal operator, starts this week a partnership with OLX, one of Ukraine’s largest online market places. Last year, Dutch-domiciled OLX nearly doubled its deliveries in Ukraine...

Non-cash payments grew last year to 55%, more than double the level of 25% recorded in 2014 Non-cash payments grew last year to 55%, more than double the level of 25% recorded in 2014, reports the European Business Association. The total volume of e-money transactions increased by 15% last y...

Offering a boost to residential construction, the first two mortgages were signed yesterday under a new state Offering a boost to residential construction, the first two mortgages were signed yesterday under a new state program “Affordable Mortgage at 7%.” The 20-year mortgages are reserved for apartments or ...

“We will work to ensure that housing loans at 7% are truly accessible to all in Ukraine,” “We will work to ensure that housing loans at 7% are truly accessible to all in Ukraine,” President Zelenskiy vowed at the mortgage signing ceremony. Seven banks are participating in the program: Priv...

French and Italian railroad station operators are among the eight companies that are seriously interested in running Ukrainian rail stations on a concession basis French and Italian railroad station operators are among the eight companies that are seriously interested in running Ukrainian rail stations on a concession basis, Alexander Pertsovsky, director of Uk...

Hotel Lviv, Grand Hotel Lviv and Gagarinn Hotel in Odesa’s Arcadia district have been granted premises permits, a first step toward winning a casino license Hotel Lviv, Grand Hotel Lviv and Gagarinn Hotel in Odesa’s Arcadia district have been granted premises permits, a first step toward winning a casino license, reports Deadlinenews, a Scottish site. Wit...

In a ray of hope for Ukraine’s beleaguered wind power sector In a ray of hope for Ukraine’s beleaguered wind power sector, DTEK Renewables and Denmark’s Vestas have signed a joint venture agreement to build 126 MW of wind power capacity in Mykolaiv. To pay for ...

Lufthansa launches flights between Lviv and Frankfurt am Main on April 30. Lufthansa launches flights between Lviv and Frankfurt am Main on April 30. Germany’s largest airline already flies between Lviv and Munich. Ryanair flies from Lviv to Memmingen and to Weeze. Wizz Air ...

Rising on the Tylihul estuary, 80 km southwest of Mykolaiv city, the DTEK/Vestas turbines will be the tallest post-Independence structures in Ukraine. Rising on the Tylihul estuary, 80 km southwest of Mykolaiv city, the DTEK/Vestas turbines will be the tallest post-Independence structures in Ukraine. The blades will measure 162 meters from tip to ti...

The Tiligulska wind power project is designed to be scaled up to 5 The Tiligulska wind power project is designed to be scaled up to 564 MW. But, for this to happen Maris Kunitskis, CEO of DTEK Renewables, says: “We expect that the crisis related to non-payments for t...

Friday, November 13

The Government’s The Government’s Guaranteed Buyer says it has paid all for renewable energy generated in August and for 93% of power produced in September. The press service of the Ministry of Energy reports that the...

China’s Sinohydro Corporation Limited intends to file an international arbitration claim for Ukravtodor’s termination two weeks ago of its contract for construction of a bypass highway around Zhytomyr China’s Sinohydro Corporation Limited intends to file an international arbitration claim for Ukravtodor’s termination two weeks ago of its contract for construction of a bypass highway around Zhytomyr...

Coming as Ukraine seeks public-private partnerships with foreign road construction companies, Sinohydro says its treatment should serve as a warning. Coming as Ukraine seeks public-private partnerships with foreign road construction companies, Sinohydro says its treatment should serve as a warning. “It is difficult for the company to understand why...

The recent decision by Ukraine’s Constitutional Court to dismantle anti-corruption legislation is the biggest impediment to a restoration of IMF loans flows to Ukraine, The recent decision by Ukraine’s Constitutional Court to dismantle anti-corruption legislation is the biggest impediment to a restoration of IMF loans flows to Ukraine, Kyrylo Shevchenko, governor of ...

Concorde Capital’s Alexander Paraschiy reads between the lines of this “sobering statement” and concludes: Concorde Capital’s Alexander Paraschiy reads between the lines of this “sobering statement” and concludes: “No IMF tranche in 2020, meaning IMF-related financing of Ukraine’s 2020 budget deficit (from...

In London, Timothy Ash polled his Twitter followers about Ukraine’s IMF prospects. In London, Timothy Ash polled his Twitter followers about Ukraine’s IMF prospects. He posted on @tashecon this breakdown of the 260 replies: IMF money this year – 15%; IMF money in Q1 – 27%; IMF money...

Covid accomplishes what Zelenskiy cannot. Covid accomplishes what Zelenskiy cannot. Covid has paralyzed the Constitutional Court, with the majority of the 15-member court “either sick or awaiting test results because they have symptoms of cor...

Zelenskiy and his chief of staff, Andriy Yermak, are being treated for Covid at Feofania Clinic, Zelenskiy and his chief of staff, Andriy Yermak, are being treated for Covid at Feofania Clinic, the southern Kyiv hospital reserved for high level officials. Two ministers reported this week that the...

With the nationwide ‘weekend lockdown’ starting after midnight tonight, there is scattered resistance. With the nationwide ‘weekend lockdown’ starting after midnight tonight, there is scattered resistance. The leaders of Lviv, Rivne and Sloviansk say they will not follow the rules. Epicenter, one of th...

Upside of global warming Upside of global warming: the shipping season on the Dnipro will be extended by two weeks this year, to Dec. 1, reports the State Maritime and River Transport Service. The four northernmost locks R...

Ukraine will invest $70 million next year to revive regular production of aircraft at Antonov and to “master the full production of helicopters,” Ukraine will invest $70 million next year to revive regular production of aircraft at Antonov and to “master the full production of helicopters,” Prime Minister Shmyhal told the Cabinet Tuesday. The m...

Russia has decided to its close trade missions in two of its Western neighbors, Ukraine and Lithuania, and to open a mission in Syria. Russia has decided to its close trade missions in two of its Western neighbors, Ukraine and Lithuania, and to open a mission in Syria. Russia-Ukraine trade steadily dropped after 2014, the year Russia...

Russia’s last trade office in the Baltics was in Lithuania Russia’s last trade office in the Baltics was in Lithuania. Trade during the first half of this year dropped by almost one third, compared to the first half of 2019. An official note accompanying the ...

Wind and solar investments account for one quarter of the €49 billion of foreign direct investment in Ukraine since Independence in 1991. Wind and solar investments account for one quarter of the €49 billion of foreign direct investment in Ukraine since Independence in 1991. However, €660 million in unpaid electricity bills is forcing f...

Carl Sturen, the Swedish managing director of wind power developer Vindkraft, said: Carl Sturen, the Swedish managing director of wind power developer Vindkraft, said: “We are lagging behind on our payments and we definitely can’t wait.” Sergii Shakalov, CEO of Kness Group, a solar p...