Skip to main content
SolarEurope

Chernobyl nuclear zone to receive solar panels

Rodina Energy Group Ltd., a Ukrainian engineering company, has partnered with Germany-based clean-energy firm Enerparc AG to bring solar to Chernobyl.

The solar project is anticipated to be commissioned in December, with a 1MW capacity costing €1mn (US$1.2mn), according to Bloomberg.

The developers are aiming to invest €100mn ($119mn) into the Ukrainian project all together.

“Bit by bit we want to optimize the Chernobyl zone,” commented Evgeny Variagin, CEO of Rodina.

“It shouldn’t be a black hole in the middle of Ukraine. Our project is 100 meters from the reactor.”

SEE ALSO:

In July last year, 30 years after the event, the nation’s Minister of Ecology revealed a plan to revive the 1,000 miles of land surrounding the site that hosted the nuclear disaster in 1986.

Due to the nature of radiation it is still unsafe to farm on the land, but it would not harm solar power technology.

The land is also well connected to major cities in Ukraine because of the placement of transmission lines that were originally intended for electrons transportation.

The government is offering the land for a low price which has allowed Rodina and Enerparc to sign contracts for €15 ($17.81) per kilowatt-hour until 2030.

“The higher price is because it’s a risky market, simple as that,” said Pietro Radoia, Solar Analyst at Bloomberg New Energy Fianance.

“I would guess investors are after higher returns there.”

Recommended by Outbrain

Read More

WindSolar
The total financing spent on wind power investments rose to $57.2bn in the first half of 2018. Total investments in the sector has rose year-on-year… Read More
Energy StorageSolarUK
The UK’s largest battery facility came online on 9 July in Bishop’s Stortford, a town in the county of Hertfordshire. The Stocking Pelham facility… Read More
AsiaSolar
The Housing Board (HDB) in Singapore has announced plans to explore offshore wind farms in a bid to utilise the water surrounding its small land area… Read More