On 4 September 2018, the Ukrainian parliament passed law No. 2517-VIII On Amendments to Certain Legislative Acts of Ukraine On the Investment Attractiveness of the Construction of Renewable Energy Facilities (the “RE Law”), which simplifies the process of building renewable energy (“RE”) facilities. The RE Law was to come into force on 4 October 2018.
The RE Law changes the approach in Ukraine to the classification of construction objects by the so-called “class of consequence”, such that RE facilities can now be classified as having the lowest consequence class (СС1). From a practical standpoint, the amendments allow for the construction of certain types of RE facilities under a simplified procedure.