Martifer Solar Completes Ukraine PV Project

Martifer Solar has completed a 8 MW solar power project in the Vinnytsia region of Ukraine. The project, known as Shargood, was developed during what the company said was amid complex political and economic events that occurred in the country. The Shargorod plant is located less than 300 km southwest of Kyiv in the Vinnytsia Oblast of Ukraine.

Martifer Solar completed the 8 MW PV plant on an area of approximately 160,000 m2, using 33,000 modules installed on fixed structures. The Shargorod plant is expected to produce an estimated 9.2 GWh/year. With Martifer Solar Ukraine Shargorod Solar Project.jpgthis production capacity, the project will offset 3,855 tons of carbon dioxide on an annual basis, which is sufficient energy to power more than 11,000 inhabitants in the Vinnytsia region per year.

“This new 8 MW plant is a significant achievement for the team as it strongly displays our company’s ability to adapt and manage complex projects under extreme conditions. In addition, this PV project is one of the first of its magnitude to satisfy the current local-content requirements in place within the country,” said Francisco Queirós, country manager for Martifer Solar in Ukraine. “We are proud to work closely in our partnership with Rengy Development to maximize the potential for solar development of the Ukrainian market.”

This new PV project is the sixth project which Martifer Solar has built in Ukraine for Rengy Development. In total, Martifer Solar now has a total portfolio of 29 MW of utility-scale PV implemented in the country dating back to August 2012.

Narek Harutyunyan, managing director of Rengy Development said of the new solar project, “As we maintain our investment and development of solar projects in Ukraine, we continue to rely on the strength and proven talent of Martifer Solar as a partner in the market. We have shared several success stories in the Ukrainian market and this 8 MW plant surpassed our expectations given the current situation in the country.”

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