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The Cabinet of Ministers expanded the 5-7-9 loan program

Photo: Telegram / Denis Shmigal

Prime Minister Denis Shmygal recalled that the restoration of energy and the development of decentralized generation are the priorities of the government.

The Cabinet of Ministers adopted a resolution that will expand the scope of the 5-7-9 loan program to promote the decentralization of energy generation. Prime Minister Denis Shmyhal announced this at a government meeting.

“Today the government adopts a resolution in which we expand the scope of the 5-7-9 loan program now available for the construction and improvement of gas turbines, gas pistons and biogas generating plants,” the leader. emphasized by the government.

According to him, the restoration of energy and the development of decentralized generation are the priorities of the government. Access to liquidity is a key condition for the implementation of projects to decentralize the energy system.

“In joint work with the National Bank, an interest-free lending program has been developed for households to install solar panels and wind turbines so that people can provide for themselves and even sell surplus electricity to the general grid,” he said.

Shmygal recalled that the government has shortened the time frame for approvals for connection to electric grids and gas distribution systems, reduced the number of required documents, and canceled the procedure for acquiring land and environmental impact assessment.


State program Available loans 5-7-9% – bank lending program for micro-businesses, small and medium-sized enterprises.
The EBRD is raising 300 million euros for the Ukrainian energy sector
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Source: korrespondent

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