July 29 (Renewables Now) - Ukraine’s UDP Renewables on Thursday said it has launched the second phase of a 46-MW solar park in Zaporizhia region, southeastern Ukraine, worth EUR 31.7 million (USD 35.3m).
The 33.1-MWp second phase of Scythia-Solar in the city of Melitopol consists of over 91,000 photovoltaic (PV) modules by China’s JA Solar Holdings Co Ltd (NASDAQ:JASO), which are installed on an area of 50 ha (124 acres). According to the developer’s calculations, the plant will produce nearly 42,000 MWh of electricity annually, or enough to meet the demand of 13,300 homes, while mitigating 51,000 tonnes of carbon dioxide (CO2) emissions.
The investment in Scythia-Solar-2 is estimated at EUR 21.6 million.
Scythia-Solar is the largest project of UDP Renewables, which is a unit of domestic conglomerate UFuture Investment Group. As part of a long-term energy strategy, the company aims to have over 160 MW of renewables assets by end-2019. UDP Renewable says on its website its goal is to become one of the largest producers of clean energy in Ukraine with an installed capacity of more than 300 MW by 2022.
(EUR 1.0 = USD 1.112)