Investments in green energy will grow after the debt crisis is resolved - investors.

Investments in green energy after the debt crisis is resolved
Investments in green energy after the debt crisis is resolved

International investors are refusing to invest in the construction of green energy stations in Ukraine and participate in 'green' auctions until the state resolves the debts of the State Enterprise 'Guaranteed Buyer' for green energy. This was stated by the Director of the European-Ukrainian Energy Agency, Anastasia Vereshchinska.

According to her, the problem is that an investor who builds new generation stations cannot find a guaranteed buyer. The 'Guaranteed Buyer' could play this role, but due to the large debts of billions, investors are not ready to cooperate.

Many have a huge problem having a state company as a counterparty that has owed them for the green tariff all these previous years. This will be the main obstacle for many investors in this auction and in future auctions

- emphasized Vereshchinska.

According to Vereshchinska, in Ukraine, the cost of new energy projects is inherently higher than in other countries, and therefore the state needs to make efforts to attract international financial organizations or banks to finance RES projects in Ukraine.

The debt of NEC 'Ukrenergo' for the 'green' tariff to the State Enterprise 'Guaranteed Buyer' amounts to over 30 billion hryvnias. Experts and investors are calling on the state to stop accumulating 'Ukrenergo' debts for the service of increasing electricity production from RES.


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