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According to Korchynsky, the "operational" contract concluded earlier between the generating company and DTEK provides for the purchase of coal at a price of UAH1,650 per tonne on the deferred payment terms.
Korchynsky added that as of July 30, DTEK shipped only 30,800 tonnes of coal to Centrenergo, although under the contract in July they were supposed to send 100,000 tonnes.
Centrenergo buys out 100% of the coal produced by the state-run mines, and refused to purchase Russian coal, as was the case with the previous head of the company.
Norwegian and Austrian investors plan to invest $1bn in Zaporizhia to build one of Europe’s largest data centres and a hydrogen production plant, next to the Dnipro hydroelectric power plant. H2 LLC signed a memorandum of understanding yesterday with Ukrhydroenergo and Energoatom, Mykhailo Fedorov, Digital Transformation Minister, told reporters in Zaporizhia. Two weeks ago in Kyiv, the principals on the project, Andriy Zhovner, Director of H2 LLC, and Walter Komarek, CEO of Yom Capital Ltd., discussed the project with Olha Buslavets, acting Energy Minister.
9.1.10 Renewables corporate news
Germany’s Nordex will supply 34 wind turbines for the first phase of the Franco-Norwegian wind farm on Lake Syvash, reports Novii Vizit, a regional Kherson news site. The turbine model -- N131 / 3900 – is designed by the kind of weak but steady winds found in the shallow lagoons of Syvash, on Crimea’s northern border. Power China is the contractor of the project, a joint venture between Norway’s NBT and France’s Total Eren.
In Dnipropetrovsk region, River Wind Ukraine plans to build wind and solar power plants with a total capacity of 4 GW on Kakhovka Reservoir, the regional government reports. Billed as Ukraine’s ‘first hybrid renewable energy park,’ the project calls for covering 10% of the reservoir’s 2,155 square kilometers with floating solar panels placed among 155 to 172 wind turbine towers. Financed in part by German investors, the park is to create hydrogen for export to Germany. Project manager Viktor Dinysyuk tells ecotown.ua: “Germany is ready to buy hydrogen from our company.” Construction is to start next year.
9.2.11 Metallurgy & mining corporate news
● Metinvest
Steel production at Ukraine’s largest producer Metinvest was 22.8 kt per day (or 707 kt per month) in July, an 8.5% m/m slide, according to Concorde Capital’s analysis of separate news reports by Interfax-Ukraine. Ilyich Steel reported a 3.2% m/m loss in steel production to 11.3 kt per day, while Azovstal’s output retreated 13.2% m/m to 11.5 kt per day in July. The holding's hot iron output decreased 5.7% m/m to 24.8 kt per day. In 7M20, Metinvest's steel output was 4.67 mmt (21.9 kt per day), or 3.8% more y/y. “Metinvest's m/m losses in daily iron and steel production rates were in line with the 7% decrease we estimated from the dynamics in freight traffic data for
71 UKRAINE Country Report September 2020 www.intellinews.com
