PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608058

Primary Business Area

Infrastructure

Disclosure Date

Jul 14, 2023

Country

Ukraine

Region

Europe

IFC Approval Date

Jun 2, 2023

Status

Completed

Estimated Total Budget

$302,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 22, 2025

Project Estimated Start Date

Jun 1, 2023

Project Estimated End Date

Feb 29, 2024

Project Description

IFC is supporting Scatec Solar Solutions Ukraine LLC (Scatec Ukraine), a subsidiary of Scatec ASA, to deploy its “Release” technology and business model in Ukraine. Release by Scatec offers a containerized distributed energy solution of solar panels and storage, which is set up on site and leased to consumers. IFC is providing advisory services to Scatec Ukraine primarily to help identify and prepare customer sites for the installation of Release technology, looking at technical, legal, regulatory and environmental and social aspects.

Development Results

E&S Risks / Impacts and Mitigation