A solar power plant jointly built by Ukrainian firm Rodina Group and German engineering company Enerparc AG in Dunaivtsi, a city located 390 kilometers southeast of Kyiv, in May 2018. German companies provide components to build renewable energy installations in Ukraine and help the country achieve its goal of 25% green energy supply for its grid. But the government cannot assume the costs of Ukraine’s attractive green tariff and that deters foreign investments.
Ukraine has much to offer in terms of renewable energy, thanks to favorable wind and solar exposure.
And the role of the market is only going to grow in the country: Ukraine’s nuclear power infrastructure is aging, while coal power plants are highly damaging to the environment.