News

Authorization
26.11.2021

THE UWEA SECRETARIAT VISITED ELECTRIC CITY 2021 IN COPENHAGEN

WindEurope’s Annual Event “Electic City”, Europe`s biggest wind energy Conference, was succesfully held in Copenhagen, Denmark on 23-25 November 2021. The event was organized by WindEurope, of which the Ukrainian Wind Energy Association is a member. The UWEA was represented at the event by Andriy Konechenkov, Chairman of the UWEA Board, Galyna Shmidt, UWEA Board Member, Maryna Hritsyshyna, UWEA Board Member, Kateryna Knysh, Head of Analytical Department, and representatives of the UWEA Member Companies - Wind Farm and Elementum Energy Ukraine. The whole wind energy value chain and companies involved in electrifying transport, heating and “clean” industry took part in the event. At the exhibition halls of Electric City 2021 were represented 400 exhibitors, and the use of Europe's offshore wind energy potential was a key focus of the event. A special attention of the participants was paid to the official opening ceremony in which Ministers of Energy of the EU...

10.11.2021

THE UWEA’S FOURTH WEBINAR IN 2021 SERIES OF WEBINARS ON WIND ENERGY

The UWEA successfully hosted its fourth webinar in a 2021 series of webinars on wind energy in Ukraine focusing on both theoretical and practical aspects of national wind power development. The webinar “System monitoring and maintenance of wind turbines – path to efficient electricity generation” was devoted to practical service cases in the wind power sector of Ukrainian. According to the webinar, timely scheduled inspections and maintenance of a WTG increases its technical availability, maximizes electricity generation and minimizes the risk of equipment faults which, in turn, leads to a reduction in generation outputs and negative financial consequences. Maintenance of wind turbines is an integral and necessary part of their operation lifetime. Representatives of such leading national and international wind energy companies as MC Wind Parks of Ukraine, WindAero and Nordex Acciona shared their experience of wind turbine maintenance in Ukraine. Anton Gnezdytsky, WindAero:...

04.11.2021

NPC UKRENERGO HAS SUCCESSFULLY PRICED A GREEN AND SUSTAINABILITY-LINKED EUROBOND

According to NPC Ukrenergo, the company has successfully priced a debut 5-year Green and Sustainability-linked Eurobond for a USD 825 million size at 6.875% yield. Settlement of the Eurobonds is expected to take place on 9 November 2021. As part of the issuance, the order book was oversubscribed almost three times, indicating strong interest from international investors in Ukrenergo’s inaugural Eurobond. Ukrenergo’s Eurobond is the largest debut international bond offering ever done by a Ukrainian non-sovereign issuer as well as the largest green Eurobond so far out of Ukraine and the CIS region. Principally, such amount will be used by Ukrenergo for the repayment of debt owed to the Guaranteed Buyer, with any remaining proceeds after repayment of the debt owed to the Guaranteed Buyer used to finance or re-finance other eligible green projects. Volodymyr Kudrytskyi, Chairman of the Management Board of NPC Ukrenergo said: “Today marks an important milestone in Ukrenergo’s...

07.10.2021

NORDEX GROUP WILL SUPPLY WIND TURBINES FOR SKOLE WPP IN LVIV REGION

The Nordex Group, global manufacturer of the Multi-MW class wind turbines and the UWEA Member Company, signed the agreement with Eksim Holding of Istanbul for the supply of wind turbines for the Scole WPP. This wind farm with a total capacity of 67.2 MW, will be built near the city of Skole, Lviv region. The Scole WPP will comprise 14 N149/4.X wind turbines of the Nordex Group. The Skole project will be Eksim’s first wind park investment outside of Turkey. Eksim is now operating eight wind farms with 451 MW total capacity in Turkey, and all of them are built with Nordex turbines. With the Skole Project, Eksim and Nordex carried their business collaboration to Ukraine. Installation of the turbines is scheduled to start in March 2022. The fourteen turbines will then feed clean electricity into the Ukrainian grid as of in the third quarter of 2022 at full capacity. The Nordex Group will supply the turbines in the cold-climate version in order to ensure a high level of availability in...

01.10.2021

100% settlement of Energorynok’s debts to RES producers

On 1 July 2019, fundamental changes in the energy sector of Ukraine took place pursuant to the Law of Ukraine “On the Electricity Market”, which provided for shifting from the centralized single buyer model to a wholesale market model. However, the new electricity market in Ukraine was launched without having addressed the problems of the previous market model, in particular the nonrepayment of old debts of the SE Energorynok (ed. a “single buyer” in the previous model) to RES producers, equal to UAH 2,3 billion as of 1 July 2019. This problem arose due to the expiration of the legal acts, which regulated the activity of the SE Energorynok and an extremely low level of payments for the RES electricity delivered in June 2019 by the distribution system operators and universal service providers. In addition, the Cabinet of Ministers of Ukraine failed to elaborate in time, and the Verkhovna Rada correspondingly failed to adopt the Law on Repayment of these debts envisaged in...

29.09.2021

UWEA PARTICIPATED IN THE ENERGY WEEK BLACK SEA 2021

On 28 September 2021, Kateryna Knysh, Head of UWEA's Analytical Department, took part in the international conference “Energy Week Black Sea 2021”, which was held online and offline in Bucharest, Romania. During the session “On & offshore wind: project updates and developments”, high-level experts from Turkey, Ukraine, Georgia and Romania outlined the key trends in the development of their national wind power sectors. Kateryna Knysh in her presentation “Prospects for offshore wind power development in Ukraine: current and future steps”, described the current status of wind power market in Ukraine, emphasized key problems of national energy sector and stressed the need for the development of offshore wind power and “green” hydrogen technologies in Ukraine as well as these technologies’ advantages for the industry of Ukraine. Kateryna stressed that offshore wind energy was an effective mechanism for promoting international cooperation. She cited a recent example...

21.09.2021

THE UWEA EXPANDED ITS BOARD

On 21 September 2021 the Ordinary Meeting of the UWEA Board was held. The Board members discussed issues related to debts settlements  accumulated on the RES market of Ukraine in 2020 and 2021, the latest legislative initiatives of the UWEA and corresponding official appeals to the relevant public authorities, as well as the Draft Laws, which are under consideration of the Verkhovna Rada or its Profile Committees, in particular, the Draft Law No5436 as well as the alternative ones No 5436-1, No 5436-2, and No 5436-d, which regulate the implementation of energy storage systems in Ukraine and Draft Law № 4461 “On Emerald Network Territory”. The Board also discussed the UWEA’s comments and proposals to the National RES Action Plan until 2030, which were submitted under the permission of the Board and envisaged, in particular, the offshore wind energy and “green” hydrogen development. Members of the Board also expressed their support to the UWEA Secretariat’s...

17.09.2021

GRAND SIGNING OF PROTOCOL ON COOPERATION BETWEEN THE UWEA AND TOWEA

An official signing ceremony for the Protocol on Cooperation between the Ukrainian Wind Energy Association (UWEA) and the Offshore Wind Energy Association of Turkey (TOWEA) was held in Ankara, Turkey on 17 September 2021. The signatories of the Protocol were Andriy Konechenkov, Chairman of the UWEA Board and Murat Durak, Chairman of the TOWEA. In particular, the Protocol on Cooperation between the UWEA and the TOVEA provides for the following: to cooperate fully between Associations and their national authorities to provide the offshore wind power development in Turkey and Ukraine and establish the framework for intensifying and expanding this cooperation; to facilitate and support policies and initiatives aimed at overcoming the legislative and technical barriers to wide-scale development of offshore wind power industry in Turkey and Ukraine; to promote the development of offshore wind manufacture in Turkey and Ukraine, etc. Being conscious of the growing role and importance...

16.09.2021

PRESS CONFERENCE “GREEN TASKS FOR THE PARLIAMENT”

On 16 September 2021, the Global 100% Renewable Energy Platform held a press conference “Green tasks for the Parliament” at the Media Centre of the Interfax-Ukraine News Agency. During the press conference, heads of the leading RES associations, which are Founding Members of the Global100%RE Ukraine, voiced the list of legislative acts, which adoption is crucial for the achievement of carbon neutrality and stable RES development in Ukraine. According to Oleksandr Dombrovskyi, Chairman of the Global100%RE Ukraine: “There are great numbers of Draft Laws, which adaption is important for the RES development and natural resource management reform, still awaiting consideration by the Parliament. In addition, the consideration of some of them have been postponed for several years”. Andriy Konechenkov, Chairman of the UWEA Board, noted the Draft Laws, which are highly expected to be adopted by wind power market participants and the RES market as a whole. During his speech he...

13.09.2021

INTERNATIONAL WEBINAR “CORPORATE RENEWABLE PPA: EU’S EXPERIENCE AND UKRAINE’S PERSPECTIVES”

Recently, more and more companies  are procuring their electricity from renewable energy sources as a part of their sustainability strategies. At the same time, such state support system for renewable energy producers as feed-in tariff has been becoming unreliable in Ukraine, as investors are increasingly faced non-payments for the “green” electricity delivered to the grid. With this in mind, the application of corporate PPAs - long-term agreements for purchase and sale of electricity between a renewable energy producer and a business entity as a corporate buyer, could promote the further development of renewable generation in the country. On 13 September 2021, the Ukrainian Wind Energy Association, jointly with Sayenko Kharenko, a law firm, member of the UWEA, and in cooperation with AHK Ukraine, hosted the international webinar devoted to the prospects of implementation of corporate renewable  PPAs in Ukraine. During the webinar, high level experts from the EU and...