Daily News for Energy & Environment

Ukraine, the most attractive European market for renewable energy

Today the largest international players in the field of renewable energy consider Ukraine as the most attractive European market among the developing economies.

Such conclusions were made based on the results of the 9th International Sustainable Energy Forum and Exhibition of Eastern Europe SEF-2017 Kyiv (sefkyiv.com), which took place on October 9-11 in Kyiv.

In particular, in the first half of 2017, the total capacity of renewable energy facilities increased in Ukraine by 183 MW and exceeded 1.46 GW. It is estimated that by the end of the year, this figure may exceed 1.52 GW.

As the founder of SEF Vitaliy Daviy pointed out at the opening ceremony of the event, Ukrainian legislation in the sector of renewable energy and energy efficiency is one of the most advanced in Europe and has allowed to create clear rules of the game in the field of renewable energy, which in its turn has become a powerful impulse for investments in Ukraine.

“Renewable energy has indeed become a market of great opportunities for both large international players and small businesses in Ukraine. The main thing is not to scare off investors with inappropriate legislative initiatives,” said Vitaliy Daviy.

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