Accelerating the green energy transition
+380 (66) 508-07-64Solar energy in Ukraine is developing rapidly: the total installed capacity of commissioned solar power plants in 2017 exceeded 250 MW. For incomplete 2018, power has already more than doubled. But for long-term planning, investors need clear and stable rules of the game. Eight bills regulating the transition to auctions are now registered in parliament. However, the formation of a consolidated position on them is delayed. There is a discussion about the mechanisms for the implementation of auctions. For market participants, it is important that this mechanism should be fair for everyone and not “be discharged for several major players”. On legislative changes and on the features of the functioning of the solar energy market, Energoforma spoke with Dmytro Lukomskyi, CEO of Avenston.
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History of solar energy prices
There is a clear trend towards an increase in the installation of solar power plants. One of the main reasons for this is the fall in the price of photovoltaic modules, which are one of the most important components of any solar power plant. Let's take a look at why this is happening.
Fundamentals of the technology production of silicon solar cells
Photovoltaic or solar cells are semiconductor devices that convert sunlight into electricity. Today crystalline silicon and thin-film silicon solar cells are liders on the commercial systems market for terrestrial applications.
Solar Market Outlook for 2021-2025
Solar market again reached a new annual record of 18% growth, with 138 GW installed in 2020. Fortunately, global demand for solar installations did not shrink at all despite COVID-19.
Cooperative Solar Farms
People interested in harvesting the sun’s energy, can now participate in a unique program – the Sol Partners Cooperative Solar Farm. One of the major advantages of the program is that United Power will maintain the solar farm – the customer only pays for the cost of the panel. It is anticipated that one 210 watt panel will produce about a 3% return on its investment or approximately $32 per year in electricity credits.