The plant, which is expected to require investment of up to EUR 1B, would help stabilise Ukraine’s national grid power supply and also provide a solid base for the new energy development around the country, including wind power, small hydro and biomass.
SinoHydro in MOU to build pumped storage plant in Ukraine
SinoHydro Corporation of China has signed an MOU with hydro operator Ukrhydroenergo to build the 1000MW Kaniv pumped storage project in Ukraine.