Kernel plans to invest $170 mln in alternative energy projects

Kernel, one of the largest Ukrainian agricultural groups, will channel $170 million in the implementation of alternative energy projects.

The agricultural group said on its Facebook page on Friday that a green energy turbine with a capacity of 7.5 MW operates to its full capacity at the oil crushing plant in Kropyvnytsky.

“Six more Kernel’s plants operate in the same format until 2021 and generating a total of 90 MW. In particular, Starokostianstyniv oil crushing plant, which is being constructed in Khmelnytsky region, will become the largest modern oil crushing plant in Ukraine,” Kernel said.

According to the group, Starokostianstyniv oil crushing plant will have a turbine with a capacity of up to 20 MW.

Open4Business

Got additional questions?
We will be happy to assist!