Energy Sources: Weekly Digest, October 15-21

Company of the week: In November, Atlas Capital Energy LLC will start SPP construction in Kherson region

Construction of a 50 MW solar power plant next to Stara Zburiivka village of the Gola Prystan district of the Kherson region will be started in November this year. Construction jobs were assigned to Atlas Capital Energy LLC. Moreover, it got about that the Chinese TrinaSolarLimited installed 123 MW photovoltaic modules for Nikopol solar station being built by DTEK.

Figure of the week: UAH 2 billion will be allocated to energy efficiency in Ukraine next year

UAH 2 billion will be allocated to energy efficiency in Ukraine in 2019. This was reported by the Prime Minister of Ukraine Volodymyr  Groisman on Facebook. In particular, 1.6 billion will be allocated to the new Energy Efficiency Fund. Also, UAH 400 million will be allocated to the "warm loans" program.

One more innovation of importance is the introduction of the green bonds market. In particular, Konstantin Gura, Advisor to the State Department of Energy Efficiency, said on his Facebook page that green bonds for Ukraine are not only an increase in investments in renewable energy and energy efficiency projects. In his view, green bonds are a forceful tool that can revitalize the stock market.

Events of the week: The US offered to devote $ 1 billion for energy diversification of Europe

The US Senators Chris Murphy and Ronald Johnson - vice chairman and chairman of the Senate Foreign Relations Subcommittee on Europe and Regional Security Cooperation - presented a bill aimed at "fighting the pernicious Russian influence" on the energy market in Europe.

As Murphy wrote on Facebook on Wednesday, October 10, the document "Energy Security and Diversification in Europe" provides for the allocation of a billion dollars for the European energy projects.

The tendency for reducing the cost of solar panels runs on. According to EnergyTrend, a subdivision of the Taiwanese marketing company TrendForce, average prices for mono- and polycrystalline solar modules fell by 19.8% and 25.5% respectively for the first three quarters of this year.


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