/24th May 2016, Belarusian Telegraph Agency (BelTA)/
According to Belarusian Telegraph Agency (BelTA) the implementation of the project to create a solar power plant with the output capacity of 109 MW has begun in Belarus in Cherikov District, Mogilev Oblast, BelTA learned from Sergei Poluichik, First Deputy Chairman of the Cherikov District Executive Committee, on 19 February. According to the source, the Irish company Cameliasiade Limited has already started design and survey work and plans to finish it in early March. The main project to create a photovoltaic power plant with the output capacity of 109MW will begin afterwards. The company has already spent BYR 1.6 billion and plans to invest a total of about BYR 600 billion (USD 29.1 million/EUR 25.6 million).
Proprietary funds and borrowed money will be used to implement the project. The solar power plant will be built near the village of Blizhnyaya Rechitsa on a land plot as large as 200 ha. The land plot is now listed as land earmarked for investment projects in the area of industrial production and the construction of solar parks. The future solar power plant will be the most powerful one in the oblast. Power off-taker for this solar project will be the Mogilev Oblast electric company Mogilevenergo. The amount of electricity the solar park is expected to generate will satisfy the demand of several districts of Mogilev Oblast at once. The state budget is expected to receive about BYR 69.6 billion in tax revenues and other annual fees as a result of the project.
More information about Belarus solar PV power market you may read here: Belarus Photovoltaic (Solar PV) Market Outlook 2016 - 2015