Largest solar plant to be built in Ukraine

27/10/2011 12:44 Renewable


One of the largest solar power plants will be built in Southern Ukraine, in Okhotnykovo, Crimea that will produce annually 100,000 MWh of electricity. It will be the fourth most powerful solar park following Canadian Sarnia, Italian Montalto di Castro and German Finsterwalder.

The solar power plant is a part of the country’s national Natural Energy project launched in 2010 and will provide power for around 20,000 households. By developing this projects, the Ukrainian Government plans to make the Crimea a green region and more attractive to tourists. The development of the solar park will be done by Activ Solar, an Austrian company, aiming to further its activity in the region. According to the CEO of the Activ Solar, Kaveh Ertefai, the project will represent a radical change in the energy industry in Europe and mainly, in Ukraine. In September 2008, Ukraine approved the main incentive system, the so-called green tariff system, which includes fixed feed-in tariffs for electricity generated from renewable sources for a period of 20 years.

UK ETS auctions to begin on 19 May

01/03/2021 08:27:00

The first auction of UK ETS allowances (UKAs) will be held on the platform on 19 May, and will continue to take place on alternate Wednesdays from here until the final sale of the year on 15 December.


Daily (26.02.2021): Brent crude rally take a breather, while U.S. WTI crude ends at its highest since May 2019

26/02/2021 09:49:00

Crude oil prices diverged on Thursday, with Brent crude steadying after a period of optimism amid concerns over OPEC+’s willingness to continue output cuts grow. In contrast, U.S. WTI crude gained ground, spurred by optimism of quickly depleting global oil inventories. Hence, Brent crude lost 0.2% to settle at $66.88 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to 63.53 a barrel, marking its highest finish since May 2019.


Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up

26/02/2021 08:59:00

Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.