Solar energy is one of the most promising and dynamic renewable energy sources. Each year, the capacity increase put into operation is approximately 40-50%. In the last fifteen years, the share of solar electricity in the world has exceeded 5%. Improvement in the technology of manufacturing photovoltaic modules has led to a significant reduction in the cost of electricity. In more than 30 countries (including Germany, Chile, Australia, Mexico), solar energy has become cheaper than traditional sources (oil, gas, coal). Over the past 10 years, investments in solar energy have amounted to about $ 300 billion. The most illustrative example of the solar technology success is Tau Island (American Samoa). Previously, the islanders were completely dependent on the supply of diesel, but after the installation of a modern solar power plant they became completely independent.
Ukraine is taking important steps to increase the use of renewable energy sources and alternative fuels as part of its broader strategy to reduce dependence on traditional fossil fuels. It is estimated that our country has the potential to increase renewable energy tenfold by 2030 and reduce natural gas consumption by 15%.
It is worth noting that the climate and geographical location of Ukraine are favorable for the development of solar energy and the construction of solar power plant. Even the northern regions of the country have considerable potential for the development of this industry, which is not yield to most European regions.
Currently, the development of solar energy in Ukraine is at a stage that Europe has undergone 7-10 years ago. At the same time, we have one of the most attractive investment structures in Europe for the development of the industry. Indeed, favorable conditions have been created here: availability of resources and land, a preferential tariff, state support and a targeted energy strategy that aims to reach 25% of the clean energy production by 2035. As a result, the interest to renewable energy in Ukraine continues to grow, and the government estimates that by 2020, total investment in alternative energy will reach US $ 18 billion.
Although the renewable energy sources sector is still small in comparison to other types of generation in Ukraine, but at the same time shows the steady growth, making our country a leader in this sector. From 2014 to the end of 2017, the capacity of renewable energy sources has increased from 967 to 1375 MW and till the end of the 1st quarter 2018 to 1534 MW (Fig. 1). How exactly the renewable energy sources are distributed by region and what kind of renewable energy sources prevails in a particular region can be seen in Fig. 2.
As solar energy is a very popular renewable energy source in Ukraine, it can be observed that the regional distribution of installed RES correlates with the level of insolation. The focus is on the regions with the highest solar activity, as shown in the map below (Fig. 3).
According to forecasts, by 2020 the capacity of installed solar energy facilities in Ukraine will increase to 3 GW. As of April 1, 2019, more than 2.2 GW of solar energy facilities have been installed in the country, which make 71% of all existing RES. Such rapid and active development of the industry has allowed Ukraine to rise from 34th to 23rd place in the global solar energy rating.
In the future, Ukraine can take on the successful experience of our foreign counterparts to enhance the prospects for solar energy.
In general, solar power will increase capacity in Ukraine because:
It is expected that by 2040 China will provide 28% of all investment in electricity generation.
Avenston is one of the leaders of solar energy in Ukraine and the recognized expert in the field of project management and construction of solar power plants. Our company has the great practical experience and offers collaboration in turnkey project management in the renewable energy sources field. It means that we will provide consulting and full construction and maintenance service for solar power plants, including technical, financial, legal and formal aspects.