Next to a 40-year-old Soviet-era metallurgical plant here, Chinese-made solar panels spreading over 20 football fields speak of Ukraine’s ‘solar rush.’
The 10.5 mw, $13 million plant was built in five months. It joins another solar plant in this industrial city on Dnipropetrovsk Region’s southern, sunny border.
“We are going to break ground on four to five more solar projects in Ukraine in the next six months,” said Michael Yurkovich, who traveled here from Calgary, Canada for the inauguration Friday. Yurkovich, is president of Refraction Asset Management, an investment company that focuses on renewable energy projects.