TIU Canada acquires two new projects in Odesa region

KYIV, Ukraine, Jan. 24, 2019 /PRNewswire/ - Today, TIU Canada has entered into a definitive agreement to acquire two additional greenfield solar projects in the Odesa region of Ukraine with the combined capacity of 32.4 MW (DC). This is the third acquisition in Ukraine made by TIU Canada since they began operations in 2017.

The local EPC contractor Rodina EG, has been selected to provide the services for the project, and has already started engineering and design works for both projects.

"This acquisition marks an important milestone in the development of TIU Canada's renewable energy business and confirms our commitment to investment in Ukraine," said Valentyna Beliakova, TIU Canada Country director.

To date, TIU Canada has four projects in Ukraine: the Nikopol solar station, which has been in operation since February 2018; the Kalynivka solar station near Mykolaiv, which is currently under construction; and these two new projects in Odesa region.

TIU Canada Ltd. is proud to be a part of the Nikopol Business Community. We encourage a collaborative approach to the responsible development of natural resources. We love helping promote education, community living and social responsibility in our communities. We are happy to host school groups, education tours and encourage learning about solar power in the Oblast. Solar Power does not make chemicals, pollution or noise. Our panels collect solar energy, just like crops in the field and we create electricity to heat homes, make light for your business and power your electronic devices.

SOURCE TIU Canada