The solar photovoltaic power plant in Crimea, an autonomous republic in Ukraine, is part of the country's National Natural Energy project launched by the State Agency of Ukraine for Energy Efficiency and Energy Conservation in 2010.
The solar power plant will be comprised of 360,000 modules, capable of producing around 100,000 megawatt-hours per year, which is expected to reduce Ukraine's carbon dioxide emission by 80,000 tons.
It is aimed to produce electric energy from clean and renewable sources such as sun and wind power. The project seeks to increase alternative energy production by up to 30 percent.
After the construction of the last two power production lines, the solar farm will be equal to 207 football fields. The power plant will provide additional electricity to 20,000 households.
Austria-based solar company Activ Solar is responsible for the project and has completed two phases of the project.
"A project of this scale means a radical change of solar energy development in Europe, while securing Ukraine's position as a renewable energy provider," said Activ Solar chief executive Kaveh Ertafi.
Ukraine funds its energy saving projects through the gained profit from selling carbon dioxide quotes under the Kyoto protocol. Ukraine sold its carbon dioxide emission quota to Japan amounting $400 million.
The amount of solar radiation in Ukraine reaches from 800 to 1450 watts per square meter each year and provides for an expansive potential market of solar energy projects. The Crimean region has a higher level of electromagnetic radiation compared to other Ukrainian regions, making it the most viable site for the solar power plant.
Ukraine is one of the world's largest energy markets with an installed capacity of 54 gigawatts as of 2009. Ukraine exports its electricity surplus to other countries such as Hungary, Moldova, Poland, Romania, Russia, and Slovakia. (Kristin Dian Mariano)
source: APEC-VC Korea
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