is building a 5 MWp photovoltaic plant in Ukraine
the third constructed for Rengy Development in this country
the project is being funded by the European Bank for Reconstruction and Development (EBRD)
“We proudly continue our productive cooperation with Martifer Solar
signing yet another contract with this vibrant company
Based on our past experience we hope this project will prove to be another success story in the Ukrainian market and allow Martifer Solar to deliver the plant in the tight and challenging timeframes set by our stakeholders,” commented Narek Harutyunyan
This is the second solar energy project that Rengy Development is financing in conjunction with EBRD in Ukraine
via USELF (Ukraine Sustainable Energy Lending Facility)
an investment facility designed to provide financing to local companies that want to invest in renewable energy projects
The first photovoltaic plant in the world funded by EBRD was also constructed by Martifer Solar
The EBRD continues promoting and supporting renewable energy projects in Ukraine aimed at reducing the environmental impact of traditional power generation
Renewable energy is yet to establish itself as a major contributor to Ukraine’s energy security but it is starting to play a greater role in its sustainable energy supply,” said Sergiy Maslichenko
EBRD Senior Manager Energy Efficiency and Climate Change
Country Manager of Martifer Solar in Ukraine
the trust of institutions such as the EBRD and Rengy Development
following the projects we built last year in this country
This is a demonstration that Martifer Solar is doing
which is recognized and valued by its customers and partners.”
Martifer Solar has been present in the Ukrainian market since 2012
Ukraine has good conditions for the development of photovoltaic projects
Sérgio Alves - Martifer Solar - Marketing & Communication Department
P: 351 232 811 381  /  F: 351 232 811 389
Martifer Solar is present all over the world
O&M and the distribution of PV modules and components
The company is based in Portugal and has presence in Europe (Spain
Mozambique and South Africa) and Asia (India
Martifer Solar’s revenues reached 230.8 million euros and
the company has implemented more than 400 MW of photovoltaic solar energy worldwide
Martifer Solar is part of the Martifer Group
a multinational industrial group with around 3,000 employees focused on metallic constructions and solar energy
SA is the holding company of the Group and has been listed on Euronext Lisbon since June 2007
Rengy Development group of companies was established in 2008 with the purpose to invest in and develop renewable energy projects in the CIS area
the company operates in Ukraine and Armenia
concentrating primarily on solar and wind energy
and is also researching the hydro energy potential in several markets
Rengy Development’s current “solar energy” development pipeline consists of several projects with combined capacity of 50 MWp
with a total investment value of more than 100 million euros
The company has 6 MWp in operation and plans to commission approximately 15 MWp during 2013
ABOUT EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
The EBRD is the largest financial investor in Ukraine
As of 31 March 2013 the Bank had committed over EUR 8.63 billion (USD 11 billion) through 337 projects in Ukraine
owned by 63 countries and two intergovernmental institutions
supports the development of market economies and democracies