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Solar power companies report weakening demand as debts grow
Journal Staff Report

KYIV, Nov 20 – Representatives of companies engaged in the design, construction of solar power plants, as well as equipment for them, note a significant decrease in demand for their services from customers due to the instability of conditions for the development of the industry and growing debts for "green" electricity.

"We say that in the three quarters of this year, 1,260 MW of renewable energy generation facilities were launched. It is rather a moment of inertia. If we filter out all those facilities for which it was decided to invest in the current year, when all these problems began, very little of this figure will remain, maybe 10%," CEO of the Voltage Group, which implements projects for the design and construction of power facilities, Vitaliy Nykolayenko, said at a press conference at Interfax-Ukraine on Friday.




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