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On October 30, 2020, the Ukrainian company WindFarm and the Сhinese company POWERCHINA concluded a contract on joint implementation of 800MW Wind Power Plant in Manhushskyy and Nikolskyy districts of Donetsk region. With total project value exceeding 1 billion USD, 800 MW wind farms has become the largest one in Ukraine. The project represents completely new and favorable for Ukraine approach to the wind development in Ukraine – electricity generation and selling of electricity to consumers without any “green” tariff.
The signing ceremony was attended by State Expert of the Directorate of Infrastructure of the Ministry for Reintegration Temporarily Occupied Territories of Ukraine Kostyantyn Slyusar, President of the Chamber of Commerce of Ukraine Hennadiy Chyzhykov and Chairman of the UWEA Board Andriy Konechenkov, representatives of the Ukrainian and Chinese companies.
Speaking at the ceremony, Andriy Konechenkov noted: “For me, It is a great honor that both companies - WindFarm and POWERCHINA - are real members of the Ukrainian Wind Energy Association, which is an effective platform for strengthening business networks between our members. Both companies have extensive experience in implementing wind energy projects, so this project is bound to succeed. I’d like to highlight two key peculiarities of the project: firstly, the wind farm will generate and sell electricity to the consumers without any “green” tariff! It means that the wind power sector of Ukraine is entering a new phase of its development, based on competitive market conditions. Secondly, this project envisages a local wind equipment manufacture, which facilitate national wind manufacturing.”
“800 MW wind power plant in Donetsk region is the largest construction onshore wind farm project in Europe. The scale and experience of POWER CHINA and WindFarm ensure its effective implementation in the shortest possible time”, Yuriy Zhabskyy, Director of WIndFarm is convinced.
The Ukrainian Wind Energy Association congratulates its Member Companies - WindFarm and POWERCHINA - on the successful conclusion of the Contract on joint wind power project implementation
POWERCHINA is a global leader in the field of clean and low-carbon energy, water resources and environmental construction. It’s ranked 161 by the Fortune Global 500. The company's largest projects include the world's largest Three Gorges Dam Hydro Power Plant with a capacity of 22.5 GW.
The WindFarm team is the most experienced in the Ukrainian wind power sector. Its employees have more than 25 years of experience. The company's team has developed a portfolio of wind energy projects totalling 1.3 GW, of which more than 400 MW have been successfully commissioned.