EBRD Will Grant a Credit of EUR 7 mln for the Construction of Yavoriv Solar Power Plant

According to the EBRD’s web site, the Bank plans to grant a credit of EUR 7 mln for the construction of the second stage of Yavoriv solar power plant with a total capacity of 36 MW. The project was developed within the framework of the European Bank for Reconstruction and Development’s financing program of renewable energy sector in Ukraine.

To recap, Enerhopark Yavoriv, LLC got a credit of EUR 24.7 mln from EBRD for the construction of the solar plant’s first stage in February, 2018, which was put into operation in October last year.

The first stage of Yavoriv-1 solar power plant in the village of Ternovytsia, Yavoriv district of Lviv region

The second stage of the project is to be put into operation in 2019. With 268,000 solar modules and a total area of 115 hectares, the Yavoriv-1 solar power plant is going to become one of the largest solar projects in Western Ukraine.

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