US state agency to plough funds into Ukraine’s wind sector

"US state agency to plough funds into Ukraine’s wind sector"


The US Overseas Private Investment Corporation (OPIC), a Washington-run development finance agency, is close to finalising a deal to invest US$400 million in a wind farm project in Zaporizhia in southeastern Ukraine.

This was revealed by the group’s new president, Ray Washburne, in a meeting last week with Ukrainian Prime Minister Volodymyr Groysman and Finance Minister Oleksandr Danyliuk. OPIC has also discussed insurance for US$250 million in funds to be used by Ukraine’s nuclear operator Energoatom to purchase US technology.

The US$1 billion EuroCape New Energy Ukraine project in Zaporizhia will nearly double the country’s wind power capacity. Once finished, it will be Europe's largest onshore wind power plant, with a capacity of 500 MW generated by 3.3-MW turbines. The project also provides for the construction of an overhead transmission line that will connect the power plant to the 330-kV Melitopol substation, which will be modernised.

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Comment by Penny Gray on September 14, 2017 at 11:42am

Politics (and politicians) hard at work...

Comment by Pineo Girl on September 12, 2017 at 5:42pm

By the looks of the map and locations of wind project...they are mostly in the Crimea which has been taken over by Russia... 

 

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Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

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(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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