Ferrexpo plans to build a solar power plant for its minings

Ferrexpo plans to build a solar power plant for its minings shutterstock

Elizaveta Volkotrub

A solar power plant with a capacity of 5 MW is already operating at the enterprise

Ferrexpo intends to build a new solar power plant with a capacity of 10.8 MW to meet the needs of its production.

This was announced by Viktor Lotous, Chairman of the Board of Poltava Mining and Processing Plant, in an interview with Delo.ua.

According to him, the company currently has a 5 MW solar power plant, which operates exclusively to meet production needs and does not receive compensation under the green tariff. The company is currently building a new power plant.

He noted that after the resumption of Russian massive attacks on the Ukrainian energy system, the company is facing difficulties in supplying electricity.

"For example, on March 29, there was an emergency shutdown for 12 hours and the enterprise almost did not work. But then we were given electricity and we started up. On March 30, we were also limited to 20 MW. In the winter of 2023, we worked only at night, and during the day we were stopped," says Lotus.

It is noted that electricity can be supplied to the company from different parts of the grid, so it is not limited to one specific route.

As EcoPolitic previously reported, Astarta has raised its climate rating on the Carbon Disclosure Project (CDP) platform by increasing energy efficiency and improving its climate risk management performance.

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In particular, there are plans to build a 37 MW solar power station

In 2025, renewable energy sources were the EU’s main source of electricity — Eurostat
In 2025, renewable energy sources were the EU’s main source of electricity — Eurostat

In contrast, coal supplies have fallen to their lowest levels since 1990

The transition to clean energy is the cornerstone of global energy sustainability — BloombergNEF
The transition to clean energy is the cornerstone of global energy sustainability — BloombergNEF

An important factor is the electrification of production processes and transport