{"id":255,"date":"2017-09-26T15:08:33","date_gmt":"2017-09-26T12:08:33","guid":{"rendered":"http:\/\/ufuture.com\/?p=255"},"modified":"2017-12-04T12:51:39","modified_gmt":"2017-12-04T09:51:39","slug":"ukraine-s-udp-to-invest-300-mln-in-alternative-energy-by-2022","status":"publish","type":"post","link":"https:\/\/ufuture.com\/en\/ukraine-s-udp-to-invest-300-mln-in-alternative-energy-by-2022\/","title":{"rendered":"Ukraine&#8217;s UDP to invest $300 mln in alternative energy by 2022"},"content":{"rendered":"<p><strong>Technologies<\/strong><\/p>\n<p><em>The first phase of a solar power plant in Kyiv region with a capacity of 6 MW has already been connected to the power grids<\/em><\/p>\n<p><strong>By Mykola Krasnov<\/strong><\/p>\n<p>As part of a program for the development of alternative energy, UDP Renewables (UDP Group) has already invested nearly $10 million in the launch of a solar power plant in Kyiv region and in measures to prepare similar projects in Odesa, Mykolaiv and Kherson regions. The total amount of investment planned until 2022 is $300 million, including funds to be raised from international financial institutions and foreign partners.<\/p>\n<blockquote><p>&#8220;We see renewable energy as strategic for the UDP Group and for the entire country. Until 2022, UDP Renewables plans to put into operation solar and wind power facilities with a total capacity of 300 MW and attract cooperation with leading global companies&#8221; <cite>Vasyl Khmelnytsky, a majority shareholder in UDP<\/cite><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<blockquote><p>&#8220;Green energy technologies are becoming more efficient and their cost is declining, and they will be eventually replacing traditional energy technologies. I think in the next 15 years, the technologies will have every chance of switching places: alternative energy sources will become the mainstream, while traditional thermal generation will be used as alternative&#8221; <cite>UDP Renewables Managing Partner Serhiy Yevtushenko said in a comment <\/cite><\/p><\/blockquote>\n<p>In July 2017, the first phase of Dymerska Solar Power Plant 1 with a capacity of 6 MW was connected to the Ukrainian power grids. In 2018, after the commissioning of three more phases, UDP Renewables will bring the plant&#8217;s capacity to 50 MW, which will be about 5% of the capacity of a standard nuclear power plant unit. The first phase has been built from 22,200 solar PV modules.<\/p>\n<p>In October-December, the company plans to launch the construction of two new solar power plants: a 17.5 MW facility in Kherson region and a 10 MW facility in Odesa. The total capacity of the facilities to be commissioned by UDP Renewables in the southern regions is 120 MW.<\/p>\n<p><strong>UDP<\/strong> is one of the leading developer groups in Ukraine. Its most known long-term investment projects include the development of Kyiv International Airport (Zhuliany), the construction of the Kyiv-based shopping mall OCEAN PLAZA and residential complexes Novopecherski Lypki, Boulevard of Fountains, RiverStone, and Parkove Misto. UDP Renewables is the UDP Group&#8217;s alternative energy asset.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technologies The first phase of a solar power plant in Kyiv region with a capacity of 6 MW has already&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,7],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts\/255"}],"collection":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":6,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"predecessor-version":[{"id":2283,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts\/255\/revisions\/2283"}],"wp:attachment":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}