In the first six months of 2016, 14 renewable energy plants totaling 39 MW went online in Ukraine, representing a total investment of over €42 million ($46.9 million). 12 out of the 14 newly developed projects are solar power plants with a total capacity of 37 MW.
According to the ministry of environment and natural resources, 34 more solar plants totaling over 120 MW are to be completed in the second half of the year. Seven of these projects will have a capacity of 5 MW or more. The new feed-in tariffs in Ukraine are set at €0.1599/kWh ($0.18) for ground-mounted solar power plants commissioned in 2016 and €0.1502/kWh for projects powered between 2017 and 2019.