Energy equipment will now enter Ukraine duty-free shutterstock

Energy equipment will now enter Ukraine duty-free

Anna Velyka

This applies, in particular, to power generator equipment, batteries, and equipment for solar generation

On July 27, 2024, laws No. 3854-ІKh and No. 3853-ІKh on the exemption from duty and VAT on the import of energy equipment into Ukraine came into force.

It is reported by the State Customs Service.

In particular, the Laws provide for the possibility of applying exemption from duty and VAT when importing energy equipment into Ukraine:

  • electric generator equipment;
  • equipment for wind and solar generation;
  • batteries (except low capacity batteries).

The State Customs Service reminded that the adopted legislative changes include such important goods for the population as:

  • electric generators;
  • inverters;
  • lithium-ion batteries and charging stations based on them;
  • solar panels for repair and/or replacement from damage and capacity expansion of existing solar power plants.

For unknown reasons, the adopted laws did not include equipment for wind energy, which is imported under the UKTZED code 8502 31 00 00.

Earlier, EcoPolitic wrote, that the Cabinet allocated UAH 759 million for preferential loans for RES for businesses and citizens. Also, EcoPolitic told that Ukrainians have already started receive interest-free loans for the purchase of energy equipment under this program.

Related
In Ukraine, the share of RES reached 9.8%
In Ukraine, the share of RES reached 9.8%

But the reason is not the rapid growth of the industry 

Solar and wind energy have become more profitable than fossil fuels, – IRENA
Solar and wind energy have become more profitable than fossil fuels, – IRENA

The long-term policy of supporting renewable energy accelerated its development, ensured the improvement of technologies and reduced costs

Climate target to triple global renewable energy by 2030 quite achievable –IEA
Climate target to triple global renewable energy by 2030 quite achievable –IEA

But this requires political will and simplification of permitting procedures