Guaranteed Buyer transferred funds to renewable energy producers for electricity produced in September

State Enterprise Guaranteed Buyer made an extraordinary payment for electricity purchased at FIT. On October 12, 2020, UAH 115 million was transferred to renewable energy producers for electricity in September, the press service reports.

Guaranteed Buyer sent funds received as a budgetary refund of the value-added tax (VAT) for June 2020 for payments at FIT.

The company pays to electricity producers in equal proportions in accordance with the volumes of supplied electricity.

Now more than UAH 1.4 billion has been paid for renewable electricity in September.

To recap, Guaranteed Buyer paid 100% for the renewable electricity purchased in August.

Earlier it was reported that Guaranteed Buyer sold renewable electricity to the UEEX for the first time.

Tags: renewable energy, feed-in tariff, electricity market, Guaranteed buyer, debt

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