Chinese companies to build $1 billion solar panels at Chernobyl site

Chinese companies to build $1 billion solar panels at Chernobyl site

Solar energy will be harnessed from the nuclear contaminated Chernobyl reactor site in Ukraine, after two Chinese companies formalised plans to erect a 1GW solar power plant.

A 2600km exclusion zone surrounding the reactor has been in place since the nuclear disaster occurred in 1986, but following the construction of a steel-clad arch enveloping the site, interest in the area has developed.

The race to renovate the deserted site has been won by GCL System Integration Technology (GCL-SI), a subsidiary of Golden Concord Holdings (GLC), one of China’s biggest renewable energy companies and China National Complete Engineering Corp (CCEC).

The former company will supply and install solar panels on the site, while the latter will construct and run the plant upon completion.

Shu Hua, chairman of GCL-SI said: “There will be remarkable social benefits and economical ones as we try to renovate the once-damaged area with green and renewable energy.”

Ukrainian officials have reported that the two firms are set to spend up to US$1 billion on the project over the next two years.

@RGNonline