Ukraine gets an important new renewable energy investor, further raising the pressure on Russian and the fossil energy economy.
Image courtesy of DTEK.
Energy observers have pointed out that it is much more difficult for an enemy to knock out the widely scattered turbines of a wind farm compared to putting a conventional power plant out of commission.“Although the war has generated the willpower for a radical overhaul, it has also created serious obstacles to decentralization, including worker shortages, supply chain difficulties, struggles to find financing – and a fast-ticking clock before energy demand jumps in the winter,” Januta continues.
Coincidentally or not, in June the well-known German renewable energy developer Goldbeck Solar announced that its Goldbeck Solar Investment branch launched a joint venture with the European Bank for Reconstruction and Development, aimed at constructing a series of solar projects over the next 3-5 years, totaling up to 500 megawatts in capacity.
“The cooperation with the EBRD is a significant milestone,” Goldbeck explained in a press statement last month. “As EBRD’s first equity deal inAlthough the ink still needs to dry on the fine print, EBRD already anticipates that the deal with Goldbeck will provide other investors with confidence in the Ukrainian renewable energy industry.
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