For years stuck over Western states, the European PV spotlight is rapidly expanding to the continent’s outer reaches. Ukraine, home to a 2GW industry in 2018, is drawing eyes as it embarks on a transition from feed-in tariffs to deregulated auctions. At this year’s Intersolar, many acknowledged plans to consider moves into the former Soviet republic, which they described as a market-to-watch.
Already on the ground is TIU Canada, an investor with Canadian roots that has developed 10.5MW and 13.5MW projects since entering Ukraine in 2015. At a recent London meeting with PV Tech, CEO Michael Yurkovich outlined how the country’s unique conditions – strong irradiation, a constrained grid, solid manufacturing sector, the war with Russia – may hasten or hinder its journey towards subsidy-free solar.