The new station will be able to provide energy to almost 9,000 households and will prevent the emission of 30 thousand tons of carbon dioxide per year

 Terslav UDP

May 06, 2020. — UDP Renewables, whose strategic investor is UFuture, put into commercial operation a new solar power station “Terslav” in the Obukhiv village council of the Dnipro region of the Dnipropetrovsk Oblast. Investments in the project amounted to about €15.5 million.

“Supporting sustainable development goals is a global trend and a priority for every civilized country in the world. Ukraine should think strategically, mitigate risks and switch to green generation using modern technologies. The new station is our contribution with partners to the development of the country's renewable energy industry,” noted Vasyl Khmelnytsky, founder of UFuture.

SPP “Terslav” with a peak capacity of 20 MW covers an area of 28 hectares and is equipped with more than 91,000 Longi Solar solar panels. The station will produce almost 23,275 MW/h per year. This is enough to provide electricity to about 9,000 households.

“UDP Renewables launches SPP “Terslav” at a difficult time for the industry. Businesses will have to pass one more test, working in conditions of the severe liquidity crisis. When commissioning the facility, the company traditionally cooperated with Ukrainian manufacturers, the cost of services of which in this project is 180 million UAH. During the construction and operation of the facility at different stages more than 160 jobs were created,” noted managing partner of UDP Renewables Sergiy Yevtushenko.

The launch of the SPP “Terslav” will prevent the emission of 30 thousand tons of carbon dioxide per year into the atmosphere. Helios Strategia was the general contractor for the construction, and Oschadbank was the financial partner.

ADDITIONAL INFORMATION

UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky that integrates his business and impact-investment projects. The company has a diversified portfolio of assets in the fields of real estate, infrastructure, industry, renewable energy, pharmaceuticals, and IT. Currently, UFuture’s assets are estimated at $550 million, and the total capitalization of the businesses it invested in is more than $1 billion.

UDP Renewables is an investment and development company in the Ukrainian renewable energy sector. With diversification in the type of renewable power generation and geography, by 2022 UDP Renewables strives to become one of the largest producers of clean energy in Ukraine, with a total capacity of more than 300 MW.

Ukrainian Association of Renewable Energy that represents more than 100 enewable energy licensees sent to the President of Ukraine , the Verkhovna Rada of Ukraine and the Cabinet of Ministers of Ukraine its offers to defuse the tension in the green energy sector in Ukraine.

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On April, 16-18 in Kyiv will be held the main business event of region in solar energy field devoted to latest technology, trends and investments opportunities – CISOLAR 2019, 8th International Solar Energy Conference and Trade Show of Central and Eastern Europe.

One of the CISOLAR 2019 key issue will bea possible change of the solar energy market model is transition from green tariff system to the auction model. It is precisely this legislative initiative is a focus of market players and investors today.

The rich business program of event will allow participants to answer industry questions of various complexity levels and information of the highest professional level.

On April, 16 a key B2B event the CISOLAR 2019 Solar Energy Conference and Trade Show will be held at the Hilton Kyiv Hotel (30 Tarasa Shevchenko Blvd.). It will be attended more than 70 speakers and 500 delegates - owners, executives, directors of influential companies, and as well as investors and entrepreneurs in the field of solar energy from more than 30 countries.

In particular, at the conference participants will discuss industry prospects, main trends and investments in solar energy projects. Presenters will share their international experience and tell about new technologies and innovative solutions for the PV sector.

An important part of the conference - CISOLAR AWARDS 2019 Ceremony, which traditionally will be chosen the best solar energy projects in Central and Eastern Europe and will be held at the first day of business event.

On April 17-18, the CISOLAR 2019, 2-days Trade Show will be held at the ACCO International Exhibition Center (40-B, Peremohy Avenue, Kyiv). A large-scale Trade Show will feature more than 100 exhibitors who will demonstrate new projects, the best technological solutions for business and home. The number of visitors is expected to be 5 000+.

The practical trainings and workshops for PV-installers have already become an integral part of event and will take place on April, 17-18. Events will be useful for property owners - private and multi-apartment buildings that have already installed solar panels, operate or plan to install. Participants will learn how to economize on green tariff and start developing own businesses.

CISOLAR is the first major business platform in Central and Eastern Europe, where participants share their experience of the most successful PV projects, discuss current issues in the solar energy field and learn about the latest trends, legal aspects, present ideas and solutions, conclude contracts, find and strengthen partnerships.

Become a member of CISOLAR 2019 and join world-renowned experts, participants in the international solar energy market, suppliers of state-of-the-art energy efficiency solutions – individuals with activities and achievements who write a new page on the development energy industry.

 

 

 

Organizer– Innovative Businss Centre (IB Centre Europe)


Register on the site:

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