Active Rodnikovoye Solar Plant

Active

Activ Solar was planning the development of the 7.5 MW Rodnikovoye solar PV plant, in Rodnikovoye, Simferopol region, Crimea. The project was planned to comprise 32,600 crystalline modules, producing 9.7 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 2011. Construction was to be completed in two phases, the first 2.5 MW phase became operational in September 2010. The second 5 MW phase became operational in March 2011. 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 project was available.