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Construction of Chernobyl solar complex planned to start in 2017

Chernobyl NPP and sarcophagus. Author: Eamonn Butler.

November 21 (SeeNews) - Construction of a solar complex of more than 1 GW in the Chernobyl area, northern Ukraine is expected to start next year, one of the two Chinese companies involved in the project said Sunday.

Chinese solar products supplier GCL System Integration Technology (SHE:002506) said it will provide consultancy and planning services, and photovoltaic (PV) equipment. China National Complete Engineering Corporation (CCEC) as the general contractor is in charge of the overall project.

The two firms could pour over USD 1 billion (EUR 943m) in the Chernobyl Solar project in the next two years, Ukraine’s natural resources minister Ostap Semerak said on Facebook last month.

Thirty years ago the area suffered a catastrophic nuclear power accident. The ministry says the availability of cheap land, abundant solar resource and transmission capacity that is “ready for reuse” make perfect sense for a big renewable energy project.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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