The geography of Ukraine shows a great potential for the solar energy
market development, thus the potential of solar energy in Ukraine is high
enough for the wide application of solar equipment (please, see Appendix I and
Appendix II). The incidence of solar radiation increases from northwest (1070
kW/m2) to southeast (1440 kW/m2) with the highest potential on the Crimean
peninsula. The time period for the efficient usage of solar collectors in the
southern regions of Ukraine is 7 months (from April to October), in the
northern regions ‐ 5 months (from May to September). Photovoltaic equipment can
operate effectively during the year. Currently solar collectors for water
heating are widely implemented in the southern part of Ukraine and their volume
is growing.
According to National Agency for
Energy Saving and Energy Efficiency (former NAER) the solar potential of
Ukraine is much higher than that of Germany and it is technically possible that
the share of solar energy will reach 10% of Ukraine’s energy balance till 2030.
Despite the fact that the equipment for generation of solar energy is still
quite expensive, the world experiences a trend of decreasing production costs
of such equipment.
CURRENT STATUS
According to EBRD, Ukraine appears to be ready to become a leader in
Europe’s clean energy economy soon, especially with regard to the solar energy
market which seems to be one of the most perspective markets of the renewable
energy. Currently, Ukraine became a host for the biggest solar‐ power plant in Europe and it is projected that solar
energy market of Ukraine will grow by 90% annually until 2015. Ukraine has all
the prerequisites for the successful development of the solar energy market:
high indicator of DNI (Direct Normal Irradiance), high feed‐in “green” tariff, possibility to use JI under the
Kyoto Protocol for solar power projects and favorable tax exemption provisions.
Additionally, Ukrainian energy strategy aims to grow up to 20% of energy from
renewable sources by 2020 and Ukrainian feed‐in tariff for alternative energy is nearly twice as of some G8 members.
The introduction of “green” tariff became a powerful stimulus to the
development of industrial photovoltaic generation in Ukraine. Solar energy
production chain is between players: monosilikon manufacturers, polysilikon
manufacturers and producers of ingots, wafers, solar cells, modules.
FUNDING FOR PV PLANTS
The commissioning of photovoltaic
facilities in Ukraine is mainly funded by private investment. In addition,
there are opportunities to raise international funds. At the end of 2010 a
program of the European Bank for Reconstruction and Development called USELF
(Ukraine Sustainable Energy Lending Facility) was launched in the country. The
program is aimed at facilitating the implementation of projects with the use of
renewable energy sources in Ukraine. The program volume is EUR 50 million,
which is sufficient to co‐finance the construction of stations with a total capacity of 10–15 MW.
Although this amount is not enough to have a global impact on the industry, the
initiative of EBRD has an important symbolic nature.
Small projects can also count on support in the amount of EUR50–350
thousand from the NEFCO (Nordic Environment Finance Corporation). In contrast
to the industrial segment, the segment of small and medium‐sized installations in Ukraine develops less actively.
The combined stock of such solar stations in the country is estimated at 1100 units
with a total capacity of 1.1‐ 1.2 MW. Ukraine puts into operation 50‐100 kW of capacity every year, 80% of them being commercial
installations. Low level of private and commercial generation development is
explained by the impossibility for individuals to obtain a green tariff, as well
as by economical inexpediency of small projects with a capacity of 30 kW amid
low prices for centrally supplied power. Moreover, the process of obtaining
permits for green tariff is completely identical for investors of commercial
and industrial stations.
