Renewable energy could account for a sizeable portion of Ukraine's future power needs if the government commits to putting money into new projects. Renewable energy advocates say such investments would help bring in desperately needed foreign currency.
The renewable energy climate in Ukraine is profitable for foreign investors. Private companies and the government are doing many large-scale investment projects to promote renewable energy sources. There are many benefits for developing renewable energy sources because it reduces carbon emissions, creates jobs, strengthen economic growth, etc.
The renewable energy climate in Ukraine is not something people are talking. A little more attention is being paid to it now, though. This country has a wealth of biomass and solar power sources. It has an abundance of wind and water power and opened opportunities to use these resources.
