Ukraine will triple Solar Energy Production in 2012

According to Macquarie Research – an international research company, Ukraine will increase its solar energy production by 400 MW and will start increasing its solar power production capacity by 400 MW per year between 2012 – 2013 and by 500 MW per year between 2014 – 2015. At this moment, the largest power installation in the world has a total capacity of 354 MW – Solar Energy Generating Systems facility in California.

As forecasts the research company by 2016 Ukraine will have solar power plants with a capacity of 1.8 GW and the solar energy will develop in Ukraine much faster than in Greece, Belgium, Austria or Switzerland.

In the last 3 years Ukraine build 20 solar power stations, in 2011 Ukraine launched the Europe’s largest solar power park in Crimea and in 2012 Ukraine’s parliament approved the first reading the bill in order to simplify access of householders to the lower costs of green energy.

In November 2011, an Ernst & Young report the renewable resource potential of Ukraine was considered “impressive”. The same document pointed out that Ukraine gives green energy company significant tax reductions.

Florentina Staicu

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