Hlybochytsia Solar PV Park is a 10.7MW solar PV power project. It is planned in Zhytomyr, Ukraine. The project is currently in financed stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 10.7 10.7 Financed Zhytomyr, Ukraine Riko Group

Description

The project is being developed and currently owned by Riko Group.

Hlybochytsia Solar PV Park is a ground-mounted solar project which is planned over 18 hectares.

The project cost is expected to be around $11.675m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Riko Group

Riko Group (Riko) is a construction company that offers engineering services. The company offers civil engineering and project management services. It also manufactures and markets ecological and energy-saving wooden buildings, wooden facades, wooden ceilings and wooden wall panels, and modular living units. Riko builds wooden buildings such as residential buildings, single family buildings, duplex, multi-family houses, extensions and superstructures, public buildings, business and commercial buildings, public institutions, educational institutions, catering and tourist facilities, sports and recreation facilities, conference halls, cultural centers, and housing estates. The company serves industry, energy, environmental protection, logistics and other sectors. It operates in Ljubljana and Ribnica. Riko is headquartered in Ljubljana, Slovenia.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.