Ukraine may build solar power generation park in Chornobyl exclusion zone

The Ukrainian State Agency on Exclusion Zone Management, Chornobyl Research and Development Institute and EasyBusiness are working on a construction project related to building a solar power generation park in the Chornobyl exclusion zone, as stated in the presentation published on the agency's website.

“The Ukrainian State Agency on Exclusion Zone Management, Chornobyl Research and Development Institute and EasyBusiness offer you a jointly developed teaser of the Chornobyl Solar investment project related to building a solar power generation park in the exclusion zone. The project is under development and expansion,” the report states.

According to estimates, the solar park needs over EUR 1.3 billion worth of investments, but it is expected to produce EUR 120-130 million annually by 2030. As a result, investors are planning to earn EUR 479 million worth of profits. Among the advantages of building the solar park in the exclusion zone, the presentation mentions cheaper rates for land lease and required infrastructure.

mk