With the government in breach of a law passed in July to pay overdue electricity bills to solar and wind producers
Tuesday, October 20, 2020


With the government in breach of a law passed in July to pay overdue electricity bills to solar and wind producers, the American Chamber of Commerce in Ukraine is urging the Ministries of Finance and Energy to agree with the Rada on the size of a government bond to pay this debt. Despite the government’s commitments made last summer, the Guarantee Buyer paid only for only 28% of the electricity it received in September. With DTEK Renewables owed $100 million, the overall unpaid power bill could hit $1 billion at the end of this year.