The Ukrainian government sees a potential to attract 12 billion euro (about 13.6 billion U.S. dollars) of investment in renewable energy projects, the cabinet's press service said Tuesday in a statement.
According to the statement, the development of green energy will allow Ukraine to boost its energy security, modernize utilities and cut reliance on traditional energy sources.
Over the past three years, the East European country has attracted about 1.3 billion dollars in green energy projects, which included the installation of biogas units and the construction of a biomass power station.
In May, Sergiy Savchuk, head of Ukraine's state agency for energy efficiency, said Ukraine is interested in a joint implementation of about 100 green energy projects with China, which require an investment of about 3.95 billion dollars.
Editor:Cherie
