TouchStone Capital Group Holdings, a London-based Chinese investment firm, has presented plans for a $1 billion, one gigawatt combined solar and wind power plant on Ukraine’s Black Sea shelf

TouchStone Capital Group Holdings, a London-based Chinese investment firm, has presented plans for a $1 billion, one gigawatt combined solar and wind power plant on Ukraine’s Black Sea shelf, the Energy and Coal Industry Ministry reports. Described as “unique not only for Ukraine, but also for the nearest neighboring countries,” the plant would balance sun and wind to provide an even electricity flow, the Ministry reports. It added: “The project also envisages the use of a significant (more than 30%) share of components of Ukrainian production.”