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On Global Wind Day, June 15, 2021, the RES investors discussed key issues of the current Ukraine's renewable energy sector with the Minister of Energy of Ukraine, People’s Deputies of Ukraine - members of the Inter-Fractional Association “Clean Energy - Healthy Environment” and the Chairman of the Board of NPC Ukrenergo. The Embassies of Denmark, Spain, the United Kingdom, Norway and Lithuania participated in the discussion. Representatives from national and international investors, which are active in the Ukrainian RES market, including Anton Mishyn, DTEK Renewables, Myhailo Chulkov, EuroCape Ukraine I, Olexandr Podprugin, Elementum Energy, Olexandr Bosak, Acciona, Sergiy Yevtushenko, UDPRenewables and Sergiy Kravchuk, KNESS shared their views and recommendations with Ukrainian officials and MPs. In particular, the parties of the round table raised such critical issues of the Memorandum of Understanding signed between the Government and RES investors on June 10, 2020 as:...
On Global Wind Day, June 15,2021, an international policy network REN21 presented its annual Renewables 2021 Global Status Report, which is an annual stock-take of the global transition to renewable energy. 2020 could have been a gamechanger. Economies worldwide were ravaged by the COVID-19 pandemic. Primary energy demand fell by 4%, resulting in a 5.8% drop in global energy-related carbon dioxide (CO2) emissions – the largest percentage decrease since World War II. But even with this historic decline, G20 countries, the planet’s biggest polluters, barely met or even missed their renewable energy targets. But the benefits of renewables in terms of health, climate and job creation are indisputable. REN21’s Renewables 2021 Global Status Report shows that we are nowhere near the necessary paradigm shift towards a clean, healthier and more equitable energy future. The power sector has made great progress already. Almost all new power capacities commissioned in 2020 is renewable....
The wind has always been a symbol of human development: either wind, which had been filling explorers’ sails during the Age of Discovery or wind, which powers our industry and homes with environmentally friendly electricity. We should comprehend all the value and importance of the wind power and harness it in the most secure and efficient way. The advantages of wind energy technologies could not be overestimated, they reshape our energy structures, decarbonize and develop our economies, boost jobs and growth, increase energy security and national independence. Wind energy is vital for a safe and clean present and future of the humanity! Happy Global Wind Day Greetings from the UWEA Secretariat to all stakeholders of the Ukrainian wind energy market! We sincerely wish you good health, strength and inspiration in realization your business ideas and projects. May your business be prosperous. Fair wind for all your endeavours!
The first negotiations between the Ministry of Energy of Ukraine and the RES investors on overcoming the RES crises began three months after launching a new model of the wholesale electricity market in July 2019. On 9 December, 2019 the European-Ukrainian Energy Agency (EUEA) and the Ukrainian Wind Energy Association (UWEA) applied to the Energy Community Secretariat’s Dispute Resolution and Negotiations Centre and initiated a mediation procedure between the above-mentioned RES associations and the Ministry of Energy of Ukraine. Later, the Ukrainian Association of Renewable Energy (UARE) joined the mediation process as well. After eight months of hard negotiations, on 10 June, 2020, the Cabinet of Ministers of Ukraine, the Ministry of Energy of Ukraine, the NEURC, the Energy Community Secretariat’s Dispute Resolution and Negotiations Centre, the UWEA and the EUEA jointly signed a Memorandum of Understanding on the Settlement of Problematic Issues in the Renewable Energy...
On June 2, 2021 Eurocape Ukraine I, the UWEA Member Company, officially opened the first phase of Zaporizhzhia wind power plant locating near Nadezhdyn village in Zaporizhzhia region. Phase I was sponsored by LongWing Energy SCA, VLC Renewables Fund 1 (VLCR) and GE Energy Financial Services (GE EFS). Upon full completion of up to a total of 500MW, the project is expected to be one of the largest onshore wind farms in Ukraine, powering approximately 780,000 homes and offsetting 4,860,000 tons of carbon emissions per year. Oleksandr Starukh, Head of Zaporizhzhia Regional State Administration: “Congratulations to the project and all participants involved in it with their first victory! I am convinced that the project has a great future and that our community will now be well-known not only for our good people, but also for such a modern and fancy wind farm. At least 5% of “green” energy should be used during the production of any commodity for export since 2025. Currently, our...
Three leading RES associations in Ukraine namely the UWEA, the UARE, and the EUEA, as parties to the Memorandum of Cooperation and Partnership with Inter-Factional Deputy Association`s “Clean Energy - Healthy Environment” (IFA), organized the study trip to the Renewable Rnergy facilities located in Odessa region for members of parliament (MPs) on 22 May, 2021. The trip was aimed at presenting wind and solar generation technologies in operation, establishing a direct dialogue between the RES investors and the Ukrainian legislators to provide cooperative effort to resolve RES market crisis and stimulate further green energy transition of Ukraine. 9 MPs, led by Oleksiy Honcharenko, head of the IFA “Clean Energy - Healthy Environment”, took part in the study trip. During the event issues related to the current situation on the Ukrainian RES market were highlighted by the RES investors’ representatives, including such UWEA member companies as Elementum Energy, UDP...
The Ukrainian Wind Energy Association sincerely congratulates its member company EuroCape Ukraine I with commissioning Phase I of the 500 MW onshore Zaporizhia Wind Park located in southeast Ukraine. Construction of Phase I of the wind farm was successfully completed under challenging conditions and social distancing restrictions due to the Covid-19 pandemic. Phase 1 comprises 27 GE Renewable Energy 3.6 MW onshore wind turbines with a rotor diameter of 137 meters and a hub height of 110 meters. With an installed capacity of 98MW in Phase I, the wind farm has commenced operations and will generate enough clean energy to power more than 170,000 households. Phase I was sponsored by LongWing Energy SCA, VLC Renewables Fund 1 (VLCR) and GE Energy Financial Services (GE EFS). Senior debt financing of US$ 150 million was provided by United States International Development Finance Corporation (DFC), the U.S. development bank, formerly Overseas Private Investment Corporation. The wind farm...
Due to the construction of 765.9 MW of wind power capacities in Turkey, the Turkish company GÜRIŞ Holding Co.Inc, one of global giants of the renewable energy market, is recognized as the most powerful producer of wind energy and leader of Turkish RES market. “The Ukrainian Wind Energy Association, of which GÜRIŞ, a division of GÜRIŞ Holding Co.Inc, is a member, is pleased to cooperate with such a high-quality international company. It is even more pleasant to realize that the portfolio of RES projects of GÜRIŞ Holding Co.Inc takes into account also the wind project located in Ukraine,” Andriy Konechenkov, the Chairman of the UWEA Board. Since the beginning of 2000, GÜRIŞ has shifted to the investments in the construction and operation of its own renewable energy facilities both in Turkey and the worldwide, including Ukraine. As of 2021, the Holding owns a common portfolio of RES projects (hydro-, geothermal and wind power plants) with a total capacity of 1,130.75 MW,...
Kyiv, 6 May 2021 VR Capital Group is pleased to report the commencement of commercial operations at its 40 MW Dnistrovska wind park (“Dnistrovska WP”). Having achieved mechanical completion in December 2020, with the installation of 10 x GE 137-4.0 MW wind turbines on 131 meter towers, the power plant has now passed all necessary tests and protocols to enter into production. The project was realised by VR Capital’s renewable energy subsidiary Elementum Energy together with the American-founded renewable energy developer, Ukraine Power Resources. Dnistrovska WP sits on a plateau that rises above the Dnistrovska estuary in Ukraine’s Odessa region and benefits from an excellent wind resource. The project’s wind turbines are the largest capacity machines installed in Ukraine to date. With an investment of EUR 59 million, the wind farm is one of the largest FDI projects executed in Ukraine in 2020. During its operating life, Dnistrovska WP is expected to...
New analysis by the Global Wind Energy Council (“GWEC”) shows that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry expansion. This figure includes direct jobs in both onshore and offshore wind, and covers the entire value chain of the sector: project planning and development; manufacturing; installation; operation and maintenance (O&M); and decommissioning. With 751 GW of wind power capacity already installed, the wind industry has generated nearly 1.2 million jobs globally to date according to the International Renewable Energy Agency. The world’s leading wind energy countries are home to hundreds of thousands of direct jobs in the wind industry. As of 2020, there were approximately 550,000 wind energy workers in China, 260,00 in Brazil, 115,000 in the US and 63,000 in India, according to a global survey by GWEC Market Intelligence. GWEC Market Intelligence forecasts that an additional 470 GW of new onshore and...
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