Active Ohotnikovo Solar Plant

Active

Activ Solar was planning the development of the 82.65 MW Ohotnikovo solar PV plant, in Ohotnikovo, Southwestern Crimea. The project was planned to comprise 360,000 modules, producing 100 GWh annually. Activ Solar Holding GmbH was an Austrian developer with a number of local Ukrainian subsidiaries and SPVs: Crimea Solar 1, Crimea Solar 2, Crimea Solar 3, Crimea Solar 4, and Crimea Solar 5, as well as solar PV producer CHAO Zavod poluprovodnikov Zaporozhye (75%) and silicon producer OJSC Semiconductor Plant (a demerger of former-Soviet ZTMC). Ownership Activ Solar Holding GmbH, formally owned by Liechtenstein registered P&A Corporate Trust, was a sister company of Slav AG. As of November 2011, CEO of Activ Solar was Mr. Kaveh Ertefai. Commissioning was expected in October 2011. The first three 20 MW stages were commissioned in September 2011, the final 20 MW was completed in October 2011. The electricity produced was to be sold to the wholesale energy market operator Energorynok. This project was one of three projects under development by Activ Solar in 2011, the other two being the 7.5 MW Rodnikovoye and the 20 MW Perovo solar PV plants. The Ukraine passed a Feed-in Tarrif bill in April 2009. The bill also included a minimum euro-denominated electricity price intended to mitigate exchange rate risk, as well as a domestic-content obligation. As of October 2011, no details about the financial structure of the projects was available. As of October 2011, no details about the financial structure of the project was available. The Odesaoblenerho energy company, however, announced in August 2011 it intended to borrow UAH 33.330 million ($4,162 million) from the State Savings Bank Oschadbank to connect the solar power stations in the region.