Europe’s Largest Predicted Emerging Markets in Photovoltaics: Holland and Ukraine

Decrease in cost and supportive government policies will contribute to the dramatic growth of installed photovoltaic capacity by 2017 in such emerging photovoltaics markets as Thailand (forecast 2.9 GW to be installed within the next four years), Turkey (2.8 GW), South Korea (2.6 GW), as well as Ukraine, Chile, and the Netherlands (2.2 GW each by 2017), reports PV Tech. The overall installed photovoltaic capacity will increase from 3.9 to 10.9 GW, predict the IHS experts.

Development of alternative energy sources is part of Ukraine’s state policy as the country is aiming to rid itself from energy dependency. Installed capacity of solar power stations in Ukraine reached 494 MW as of July 1, 2013, according to the Association of Alternative Fuel and Energy Market Participants of Ukraine (APEU). In January-June 2013, Ukrainian solar power capacity grew by 51.4 percent, according to the APEU.

In the first six months of 2013, 12 new solar power stations were opened in the country, with total capacity 167.7 MW. Seven more stations were expected to become operational by the end of 2013. Their total capacity would reach 50 MW. In 2012 alone, Ukraine doubled its photovoltaic capacity – it reached 372 MW, informs Interfax.

More than one hundred of new projects in the Ukrainian solar power industry are under works. Their total projected capacity exceeds 1.4 GW, according to Interfax. In order to put the projects to life, Ukrainian companies cooperate with Austrian, Czech, German, French, Israeli, and Portuguese colleagues.

One of the most active companies in the industry is Austrian Activ Solar. In August 2013, the company completed the installation of nearly 70 MW solar park in Crimea, southern Ukraine. The largest individual projects, implemented by Activ Solar in Ukraine, are the 105 MW Perovo Power Station and 82 MW Ohotnikovo Power Station – both in Crimea.

“Southern Ukraine is a good strategic fit for us, because it benefits from high levels of irradiation all year round but lacks sustainable local energy supply,” reads the November 2012 statement by the company. The solar radiation across the territory of Ukraine varies between 800-1,450 W/m² per year.

Source: WNU-Ukraine

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