The European Bank of Reconstruction and Development prepares a new program for supporting the development of renewable energy in Ukraine, according to the bank’s website.
The new program is called as USELF-III and provides for allocation of the loan, amounting to 250 mln euros.
The goal of the program is to help Ukraine reach 11% of electrical energy consumption from the renewable sources of energy by 2020, according to the National Action Plan on Renewable Energy.
A new program will replace the current program USELF, which expired on June 30, 2018.
It is noted that EBRD already financed Ukrainian alternative energy projects, totaling over 100 mln euros.
It should be reminded that the European Bank of Reconstruction and Development allocated Ukraine 25.9 million euros for construction of three solar electrical power stations in Vinnitsa region.
