"Green" boom. Rising of gas price can speed the growth of Ukrainian alternative fuels market by 1,5 to 4 times

According to Vitaliy Daviy, the President of the Association of Alternative Fuel and Energy Participants of Ukraine (AFEU), within six months of 2011 the production of «green» electric power increased by 15,7% (to 274,343 million kWtt/hour) in comparison with the analogical period of 2010. The enterprises of small hydro energy [...]

Activ Solar completes first phase of Perovo project

Activ Solar completes first phase of Perovo project

Vienna-based Activ Solar announces the completion of a new 20 megawatt (MW) solar photovoltaic (PV) installation located near the village of Perovo (Crimea, Ukraine). The installation is the first phase of the Perovo Project - another multi-phased “mega-project” under development by Activ Solar. Earlier this year, the company launched the [...]

Ireland to support the production of solid biofuel in Ukraine

Ireland to support the production of solid biofuel in Ukraine

Currently Ukraine is one of the largest manufacturers of solid biofuels. Now also Ireland is about to join Ukraine’s solid biofuels market. To date, the major importers of solid biofuels, produced in Ukraine are Germany, Austria, Belgium, Finland and Sweden. The Irish company Doneral FRS Group is ready to invest [...]

Changes to the Budget Code - municipalities can borrow again!

Changes to the Budget Code - municipalities can borrow again!

On August 7, 2011, the Law of Ukraine "On amendments to the Budget Code of Ukraine and other legislative acts of Ukraine" dated July 7, 2011 N 3614-VI came into force.

According to accepted amendments, when municipality is receiving a loan, in case of the issuance of municipal guarantees, restrictions [...]

Activ Solar announced 80 megawatt solar project in Ukraine

Activ Solar announced 80 megawatt solar project in Ukraine

Vienna-based Activ Solar announced the construction of an 80 megawatt (MW) solar photovoltaic (PV) power station located in Ohotnikovo (Crimea, Ukraine). It will be the largest ground-mounted installation ever built in the region and one of the largest installations worldwide.

The project is divided into four 20MW phases, the first [...]

The Cabinet of Ministers Approved the Financing Order of the Energy Strategy of Ukraine

The Cabinet of Ministers Approved the Financing Order of the Energy Strategy of Ukraine

The Cabinet of Ministers of Ukraine approved the order of the money use which are foreseen in the state budget for support of the Energy strategy introduction until 2030.

The main moderator of the budgetary facilities and responsible performer of the budgetary program is Minenergovugillya. It is foreseen that budgetary [...]

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