support-programs-for-energy-independence-launched-in-ukraine-first-loans-have-already-been-issued

Support programs for energy independence launched in Ukraine: first loans have already been issued

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Ukraine has launched programs to support citizens and businesses to strengthen energy independence and install alternative energy sources. The first loan to a business for the installation of a solar power plant and the first loans to individuals for the installation of alternative energy sources have already been issued. This was announced by Prime Minister Denys Shmyhal during a government meeting, UNN reports.

On July 20, we launched programs to support citizens and businesses to strengthen energy independence and install alternative energy sources... We already have successful cases. The first loan was issued to a business for the installation of a solar power plant. The first loans to individuals were issued

- Shmyhal said.

He pointed out that these are loans to households at 0%, energy loans at 5-7-9% for small and medium-sized businesses, and loans for condominiums under the Grindim program.

"We expect that thousands of similar distributed generation projects will be implemented thanks to government support," said Shmyhal.

In addition, restoration work at energy facilities is ongoing. The government is also raising funds for this purpose. In particular, NPC Ukrenergo received a €100 million grant from the EU to modernize, restore and protect substations.

"This is part of the European special program Ukraine Investment Facility. The funds will come through the German state development bank KfW," the Prime Minister noted.

According to the Prime Minister, just like in the last heating season, the state expects to get through the winter on gas of its own Ukrainian production. More than 10 billion cubic meters of gas have already been pumped into the storage facilities. By November, it is planned to increase this volume to more than 13 billion cubic meters.

Київщина впроваджує програми для встановлення альтернативних джерел енергії: хто може отримати кредити23.07.24, 11:09

Addendum

The government has enabled condominiums and housing cooperatives to take out affordable loans for alternative sources of electricity.

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