KIEV, Feb. 23 – High tariffs in Ukraine might trigger a boom in solar power projects that beats government targets, as it did in western European nations that offered above-market rates for solar power, according to Martin Simonek, an analyst at Bloomberg New Energy Finance.

Bloomberg said that subsidies meant to compensate for the risk of doing business in Ukraine might spur runaway growth.

Vitaly Daviy, head of the alternative fuels association known as the APEU, said that the country would manage to achieve the targets set to increase the capacity of photovoltaic plants to 1 gigawatt by 2015.