Ukraine's renewables sector agrees with govt to accept retroactive FiT cuts.
The European-Ukrainian Energy Agency (EUEA) and the Ukrainian Wind Energy Association (UWEA) last week (June) signed a memorandum of understanding (MoU) with the government of Ukraine, agreeing to accept reduced green feed-in-tariffs (FiTs) in a bid to resolve a crisis that could have led to the collapse of renewable energy firms.
The FiT cuts range from 15% for solar parks built in 2015-2019 and 7.5% for wind farms constructed in the same period, to 2.5% for both types of plants commissioned after January 1, 2020.
The EUEA, acting with the UWEA as the representative of renewable power producers, called the signing of the MoU a “responsible, albeit forced step”, not fully supported by its entire membership - Link
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