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Nikopol Solar Plant

Sector: Solar • Location: Ukraine

Source: World Bank Group

Project
Active

The project entails the development and operation of a 10-MW solar farm located in Nikopol, Dnipropetrovsk region. The project is undertaken by the Canadian firm - TIU Canada Ltd., which is part of Refraction Asset Management (RAM).

This is a new, greenfield project initiated on a BOO basis with PPA spanning for 13 years (FiT). The Nikopol station will enjoy a feed-in tariff (FiT) of 0.15 euros

Status
Prospective
Sector
Solar, Raw Materials, Power Generation (CCGT), Government, Commercial
Location
Ukraine
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Nikopol Solar Plant” is an infrastructure initiative in the Solar sector, located in Ukraine. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the development and operation of a 10-MW solar farm located in Nikopol, Dnipropetrovsk region. The project is undertaken by the Canadian firm - TIU Canada Ltd., which is part of Refraction Asset Management (RAM). This is a new, greenfield project initiated on a BOO basis with PPA spanning for 13 years (FiT). The Nikopol station will enjoy a feed-in tariff (FiT) of 0.15 euros ($0.18) per kWh up until the start of 2030, which TIU forecasts will net it a 21% internal rate of return (IRR). Helios Strategia is implementing the project under an EPC contract. Focal Line Solar is also providing engineering services, while JA Solar and SMA are serving as vendors. TIU is funding the project, earmarked to cost 14 million euros ($16.5 million), with 70% debt ($11.5 million) and 30% equity ($5 million) financing. Construction commenced in September 2017 and was projected for completion in end of November 2017. https://newsbase.com/topstories/canadian-developer-plans-five-solar-farms-ukraine TIU Canada Ltd. to be added to sponsors' list (subsidiary of Refraction Asset Management)

Original sector

Energy

Budget

Location

Country

Ukraine

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Raw Materials, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-26

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