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 130 million Euros for the construction of biofuel plant in Krasiliv district, Khmelnytsk region; the project is already approved by Khmelnytsky Regional Administration. Krasiliv ‘green’ power plant will process about 300 thousands of tons of biofuel annually, reducing harmful emissions of carbon dioxide in the atmosphere and will bring on a positive effect on the ecological situation in the Khmelnitsk region.