Construction of a 10 MW HPP in the Ruzhinsky district

INVESTMENT PROJECT
Construction of a 10 MW Solar Power Plant near the town of Ruzhyn, Zhytomyr Region

The construction of a 10 MW solar power plant near Ruzhyn is a significant step forward in developing renewable energy in Ukraine. As global demand for clean energy and carbon reduction commitments grows, this project will enhance the region’s energy security. The solar power plant will not only reduce reliance on traditional energy sources but also create new jobs and increase the region’s investment appeal. With an investment of €8.9 million, a profitability rate of 17.3%, and a payback period of 5.6 years, this initiative is economically advantageous and aligns with international energy efficiency standards, supporting the sustainable development of the area.

FINANCIAL INDICATORS:

  • Investment Amount: €8.9 million
  • Profitability: 17.3%
  • Payback Period: 5.6 years
  • Approximate Land Area: 20 hectares

KEY FEATURES:

  • “Green” tariff rate: €0.15
  • Developed financial model and layout of solar panels on the land plot
  • Land owned by Ruzhyn District
  • Connection to Ruzhyn Substation 110/35/10 kV (2×16 MVA), located 0.7 km away

The primary goal of the agency is to attract investments to the region through steps that boost the area’s investment attractiveness. This approach positively impacts economic and social well-being, creating new jobs and improving residents’ quality of life.

The agency offers a full range of services, including information, consultation, project management, marketing, as well as technical and legal support for projects.

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For more information on grants and opportunities, please click here.

For additional information, please contact the Zhytomyr Regional Development Agency at its registered office: 10003, Ukraine, Zhytomyr, S.P. Korolyova Square, 1, office 401
or by phone +38 098 579 32 39, +38 093 43 79 613.

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