SOLAR

• High potential on the periphery Black Sea
• Average irradiation of 1400kWh/m2 (PVGIS, EU sources)
• 01.04.2009 : New law «About Green Tariff» № 575/97-VR favorable for investors with very attractive tariffs favorable for investors with very attractive tariffs of 465,3 Euros/MWh
  • The law provides the connection to the grid for the producers of "green" energy
  • The price is guaranteed until 1st of January 2030
  • Indexing of "green" Tariff to the Euro is, thus, no risk of inflation
  • The law provides the obligation to repurchase all the "green" energy produced at the "green" cost
• The Government is actually investigating other possibilities of tax advantages  

Solar – projects receiving green tariff