The Cabinet of Ministers of Ukraine signed a Memorandum of Understanding on the Settlement of Problematic Issues in the Renewable Energy Sector on 11th June 2020. Among significant changes according to the Memo: 1. RES producers accept the conditions for the voluntary restructuring of the green tariffs, which provides for their reduction. In particular, tariffs for all solar power plants (SPP) are expected to be cut by 15%, and for wind power production facilities - by 7.5%. 2. The Memo stipulates that Ukrainian authorities are committed to taking every measure to ensure the timely payment to the Guaranteed Buyer State Company and the repayment of existing debts to RES producers who have agreed on the terms of the restructuring; 3. The Ukrainian authorities assume the commitment to fix and approve annual quotas in support of green energy and ensure that auctions are held to distribute such quotas. Oleksandr Slipko, Senior Partner, Attorney-at-Law has analyzed the pros and cons of the Memo for online media The Page.
22 june 2020
The green tariff was introduced in Ukraine in 2008: the state committed to purchase all electricity generated from renewable sources at a high fixed tariff until 2030. The green tariff should be an incentive for the development of electricity production from renewable sources. On the principle of green auctions, the advantages and disadvantages of such a system as well as the reasons for the delay in the full launch of green auctions explained Katerina Startseva for Hmarochos media
11 may 2020
The INPRAXI LAW team successfully defended interests of Rengy Development group of companies, which is engaged in investment and development of renewable energy projects in Eastern Europe and the CIS, in court with the State Architectural and Construction Inspectorate of Ukraine and has proved the legality of the construction of two new solar power plants by the Company.
18 april 2020
INPRAXI LAW has been recognized in project development practice by IFLR1000 (International Financial Law Review) in 2020.
13 november 2019
The first stage of the project for the construction and operation of a photovoltaic power plant (PPP) is the implementation of the so-called "land development". It provides for the monitoring of the land mass, land surveys to determine the optimal locations for construction, as well as registration in accordance with the law of ownership or use of land for the construction of PPP.
14 july 2019
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