Solar and wind energy associations from Europe and Ukraine have called on EU and Ukrainian leaders to set up a dedicated ‘Renewables for Ukraine’ investment vehicle, as part of a strategy to boost the expansion of green power to help the war-torn nation back on its feet.
To end Ukraine’s previous reliance on Russian fossil fuels and in line with the EU’s REPowerEU agenda and Ukraine’s coal phase-out, the facility should help the country boost its renewable power share to at least 50% by 2030, up from 8% at the end of last year, said the organisations.
