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WindFarm and POWERCHINA in Ukrainian wind farm deal

Anela DoksoBy Anela Dokso03/11/20202 Mins Read
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Ukrainian company WindFarm and the Сhinese company POWERCHINA have 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, 800 MW wind farms has become the largest one in Ukraine.

“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.”

Chairman of the UWEA board Andriy Konechenkov.

“800 MW wind power plant in Donetsk region is the largest construction onshore wind farm project in Europe. The scale and experience of POWERCHINA and WindFarm ensure its effective implementation in the shortest possible time.”

Yuriy Zhabskyy, director of WIndFarm.

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