KYIV, April 19 – The International Finance Corporation (IFC) of the World Bank Group is working with private companies in the short term to develop additional renewable energy capacity in Ukraine and is counting on changes in tariff policy in the country to ensure long-term investment in this sector increased by an order of magnitude, said Patrick Avato, head of IFC's European division for infrastructure and production.
"We have four projects that are currently close to funding," he said at Ukraine's Future Summit in Brussels on April 18.
Avato clarified that we are talking about large projects in the field of wind energy, batteries and distributed generation.
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