Kyiv, October 2 (Interfax-Ukraine) – The total installed capacity of photovoltaic power plants to be built in Ukraine in 2013-2017 will amount to 2.2 GW, and the country will join the top five emerging markets for the development of solar energy in the world thanks to the system facilitating the development of renewable energy sources created over a few past years.
This forecast is contained in the review of emerging photovoltaic markets prepared by the IHS international company. The document covers a total of 40 countries that have so far installed less than 1 GW of solar generating capacity.
The new markets will provide the further intensive development of solar energy, the company analysts believe. In the next five years, these countries will annually increase the capacity of photovoltaic power plants by an average of 38%, while the global growth will be only 13%.
IHS predicts that the capacity of solar power plants annually put into operation on the new markets will increase from 2.2 GW in 2012 to 10.7 GW in 2017. As a result, in 2017 the new markets will account for 19% of all photovoltaic installations in the world, compared to 7% in 2012.
“Around the world, new markets are appearing for the development of photovoltaic thanks to government incentives…Despite the fact that these markets sometimes have huge barriers in the form of limited funding, uncertainty in regulation, companies may benefit on these new markets that are growing rapidly,” IHS senior analyst for photovoltaic Josefin Berg said.
The countries of Europe will provide the greatest demand for photovoltaic modules among the new markets. Relatively stable financial conditions and the availability of experienced companies in the field of solar energy will provide rapid growth after regulatory policy is determined.
Poland, Turkey and Russia are beginning to offer incentives schemes, while Ukraine and Romania are intensively developing solar energy, according to the HIS review.
As reported, Ukraine for a few last years has been actively developing renewable energy to improve energy security and strengthen energy independence, as well as solve local problems of energy supply, and reduce the negative impact of energy on the environment.
According to the National Commission for Energy Regulation, the total installed capacity of Ukraine’s operating solar power plants last year doubled to 372 MW.
Ukraine has more than 100 projects of solar power plants with the total capacity of over 1,400 MW at various stages of implementation. Such objects are built by companies from Portugal, Germany, France, Austria, the Czech Republic, Israel.
