KYIV, Feb 27 – The Ministry of Energy and Environment Protection has offered investors in renewable energy sources a new, more stringent scenario for resolving the current market situation.

An updated department, presented by Deputy Minister of Energy Kostiantyn Chizhik during the Ukrainian Energy Forum in Kyiv, provides for voluntary restructuring in the form of tariff reduction for solar plants commissioned after 2017 as follows: 15% for power plants with a capacity of less than 10 MW, by 20% for plants with a capacity of 10 MW to 50 MW, and 25% for plants with a capacity of over 50 MW. Moreover, for each of the categories, an extension of the payment term by five years is proposed. In turn, wind farms are proposed the reduction of tariffs by 10% also with an extension of the payment term by five years.