Source：taiyangnews

Ukraine’s ASEU Board Vladyslav Sokolovsky (1st from left) sees the Ukrainian solar PV market growing significantly in 2025. (Photo Credit: Ukrainian Solar Energy Association)
Key Takeaways
Ukraine installed up to 850 MW of new solar PV capacity in 2024, according to the ASEU 

It was mainly led by businesses and households that installed solar and storage system for their energy security  

The association is confident of this trend to continue in 2025; agrivoltaics will also get a boost 

War-torn Ukraine was able to expand its solar energy market by 800 MW to 850 MW in 2024 as businesses and households relied on solar PV systems for self-consumption, according to the Solar Energy Association of Ukraine (ASEU) as the country struggles to keep its power grid safe.   

Along with the increase in self-consumption, the Chairman of the Board of the ASEU Vladyslav Sokolovsky believes the growth was facilitated by the abolition of value added tax (VAT) and duties on the import of solar panels and other equipment in the summer.  

“Of course, this is not the growth that was, for example, in 2019, when industrial solar power plants were actively built. But, nevertheless, we see positive developments,” said Sokolovsky.  

According to the International Renewable Energy Agency (IRENA), Ukraine’s total operational solar PV capacity stood at 8.06 GW since 2021-end to 2023-end. It grew by 731 MW in 2021, by 1.395 GW in 2020, and experienced a strong growth of over 3.93 GW in 2019. 

Even as the war rages on, the association is positive about the country’s growth prospects going forward. Self-consumption segment will see further growth as new businesses continue to invest in solar power systems with storage, for their own needs to ensure energy security.  

Activity in the industrial solar power plant segment is also likely to increase. Some of the projects in this segment were announced in 2024.  

Low prices of solar panels will also boost the growth of distributed generation. Additionally, Sokolovsky sees development of agrivoltaics as well as farmers and agricultural companies install solar panels and storage systems on site for their own use and for energy supply to the farms.  

“First of all, the installation of solar power plants is needed by agricultural companies that are far from electrical substations or that need to lay a power transmission line. That is, economic feasibility will be the driving force behind the issue of agrovoltaics, the flourishing of which we see all over the world. It makes sense for agricultural companies to seriously consider such an opportunity. This year we will definitely see the first results,” explained Sokolovsky. 

The government is also mulling the introduction of a mechanism for insurance of military risks for investors, while facilitating the growth with preferential lending, and grant programs, according to the association.  

Ukraine targets to expand its solar PV capacity to 12.2 GW capacity by 2030 under the country’s National Renewable Energy Action Plan.