ASEU and its member companies showcased the advancements and potential of Ukraine’s solar energy sector. Their booth featured Ukrainian companies operating under EPC contracts with branches in Europe, including Kness, SolarSteel Construction, and EnerhoSyla Group.
The association includes over 45 members, encompassing Ukrainian and international companies engaged in various aspects of solar energy, including distribution, manufacturing, installation, legal support, and large-scale industrial solar power plants.
Ukrainian businesses present compelling opportunities for European countries, particularly in SPP installation. According to Artem Semenyshyn, CEO of ASEU, their main competitive advantages are speed, high quality, and a creative approach.
High level of engineering expertise
Ukrainians have shown remarkable adaptability in mastering foreign technologies, developing their own innovations, and overcoming obstacles while working rapidly and efficiently. The qualities displayed by the Ukrainian army on the battlefield are equally evident in the country’s business sector. This recognition bolsters the prestige of Ukrainian businesses and highlights their reliability.
Another key advantage of Ukrainian SPP installers is their high level of engineering expertise, according to ASEU. This expertise allows them to excel in the market and deliver complex projects with exceptional quality and efficiency. Additionally, Ukraine actively adopts digital technologies in the solar energy sector, ensuring effective and automated system operations.
Ukrainians are known for exceeding standard expectations, enabling them to work at a rapid pace. Moreover, Ukrainian companies demonstrate exceptional resilience in challenging conditions, making them reliable partners even in adverse circumstances.
At the same time, Ukraine is opening its market to European companies, offering significant potential. In recent years, the country has achieved one of the highest rates of solar energy development in Europe.
Ukraine boasts vast territories ideal for solar power plant installations and favourable climatic conditions. This positions the country to become one of the largest solar energy producers in Europe.
The smarter E: Larger and more international than ever
Huge PV potential of 416 GW
The European Commission has conducted a study on grid development and renewable energy needs in Central and South-Eastern Europe. The study evaluated the region’s renewable energy potential while considering land use restrictions. Ukraine emerged as the leader, with a total solar generation potential of 416 GW—three times higher than Europe’s current installed solar capacity.
“We see great potential and mutual benefit in the cooperation between Ukraine and Europe. Ukrainian installation companies can assist Europe in rapidly expanding its solar energy capacity and reducing dependence on Russian fossil fuels. Meanwhile, Ukraine needs European investments and technologies—a need that will grow significantly with the onset of active reconstruction,” said Artem Semenyshyn of ASEU.
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Ukraine's energy transition offers a significant opportunity to integrate green technologies into the country’s energy system. Despite the challenges faced by Ukraine's solar energy industry during the invasion, which damaged numerous solar power plants in occupied territories, efforts are underway to restore and expand capacity. Solar energy has become a priority in the rebuilding process, aiming to offset the generating capacity lost due to the conflict. (hcn)