On July the 16th, the first solar power plant among all industrial facilities of the mining industry of Ukraine was officially opened on the basis of PJSC Poltava Mining and Processing Plant. The cost of the project was several million dollars. The financing was fully provided by the Swiss iron ore company ''Ferrexpo'', which has assets in Ukraine. The main activity of the company is the production and export of high quality iron ore pellets, which are used in steel production.
Project manager Oleksandr Smolyaninov said that almost 10,000 solar panels were used by Jinko Solar, one of the world leaders in the production of such equipment. Solar panels are installed on the dumps of quarries in order to rationally use the areas occupied during the operation of open pits. The capacity of the complex is 5 MW. SPP will generate 6.5-7 million kWh of electricity per year and will supply it for consumption by the group's enterprises on the existing industrial site.
The peculiarity of the project is the lack of use of any subsidies or "green" tariff.
"The solar power plant, which will generate electricity for the company's own needs, is the first step towards decarbonisation and increasing its competitiveness. A good example for other companies that want to be energy independent and successful in foreign markets without the risks of the CBAM mechanism, "commented Yuri Shafarenko, Deputy Head of the State Agency for Energy Efficiency.
Source News of Poltava region
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