Artem Semenyshyn commented on the Bill № 4119 adopted by the Verkhovna Rada of Ukraine today

Director of the Solar Energy Association of Ukraine Artem Semenyshyn commented on the Bill сьогодні 4119 “On Amendments to the Law of Ukraine” On the State Budget of Ukraine for 2020 “adopted today by the Verkhovna Rada of Ukraine:
“The solar industry welcomed the news of the draft law approved today № 4119. After all, the draft law provides for the possibility, according to the decision of the Cabinet of Ministers of Ukraine, to provide state guarantees to NEC” Ukrenergo “to attract loans from international and national financial institutions.
Given the main component of NPC Ukrenergo’s debt to the Guaranteed Buyer in its obligations to RES producers, we hope that the issue of repaying a significant part of the debt will be resolved by the end of 2020. “

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