Review of Forbes article about a successful case from ETL Group
The focus is on the implementation of a large-scale 15.5 MW solar power plant project and the transformation of approaches to investments in renewable energy.
Today, solar energy in Ukraine is entering a new stage of development. If earlier the key indicator was the "green" tariff, now investors are focusing on ROI (return on investment), long-term reliability and technological excellence. Read about how ETL Group's engineering experience in synergy with LONGi SOLAR innovations is changing the rules of the game in our review Forbes article.
Solar power plant as an infrastructure asset for the next 25 years
As Forbes notes, a modern solar power plant is a complex asset with a planning horizon of more than 25 years. Any mistake at the design stage or the choice of poor-quality equipment can cost the investor millions of hryvnias in lost profits.
Denis Kosoі, CEO and co-founder of ETL Group, emphasized in a comment for Forbes:
Even 1% of annual generation losses are millions of hryvnias of lost revenue. The difference between professional implementation and compromise solutions over a 25-year period can reach hundreds of millions.
ETL GROUP Case: 15.5 MW Solar Power Plant
The object that formed the basis of the material was an industrial solar power station in the Transcarpathian region. This is a strategic project implemented by ETL Group on a turnkey basis (EPC contract).
Forbes examines in detail the use of LONGi SOLAR's innovative HPBC 2.0 (Hybrid Passivated Back Contact) technology. Unlike standard solutions, this technology allows:
Minimize shading, because the contacts are moved to the back side, which increases the useful area of light absorption.
Increase efficiency by 3-5% - this directly converts into a faster return on investment.
Reduce degradation. The panels maintain high power throughout their entire life cycle.
In the conditions of the Ukrainian climate and terrain features (for example, in Transcarpathia), the ability of modules to work effectively in partial shading becomes a critical advantage.
ETL Group EPC approach: from geology to service
The Forbes article emphasizes the importance of choosing a contractor. ETL Group uses a comprehensive approach, where each stage is controlled by one team:
Deep geology - soil analysis allows you to avoid subsidence of structures after 5-10 years.
Direct pile driving - a technology that provides maximum resistance to wind loads.
Tier 1 status - use of equipment from manufacturers with the highest bank rating (Bloomberg NEF), which simplifies the attraction of financing.
The partnership between ETL Group and LONGi SOLAR, described by Forbes, demonstrates that Ukraine’s energy independence is built on professionalism and the use of best global practices. Investing in solar energy today, businesses are choosing not just “environmental friendliness”, but predictability and financial stability for decades.
You can read the full text of the article at сайті Forbes Ukraine.