Recently, Ukrainian WindFarm and Chinese POWERCHINA signed a contract to build a $1 billion worth of wind farm in Ukraine. The project is to become the largest onshore wind farm in Europe. An 800 MW project to be built in the Manhush and Nikolske districts of the Donetsk region.
As the company states, the project implementation demonstrates an ultimately new and beneficial approach for the state in terms of wind energy sector development, such as selling electricity at the electricity market without a feed-in tariff.
PowerChina is one of the largest construction companies in China (one of one hundred largest companies in the country and 500 largest companies in the world). The company specializes in the engineering and construction of energy and transport facilities. One of PowerChina’s projects is the construction of the largest power plant in the world – Three Gorges Dam with 22.5 GW capacity.
The Wind Farm has considerable experience in the realization of wind energy in Ukraine with over 1.3 GW wind energy projects commissioned, totaling over 400 MW capacity.
