Pokrovsk Mining will allocate UAH 10 million for the construction of a solar power plant

Pokrovsk Mining and Processing Plant (Pokrovsk GOK) will allocate UAH 10 million to build its own solar power plant with a capacity of about 1 MW. This is stated in the company’s corporate newspaper.

According to Yuriy Korkodola, chief engineer of Pokrovsk GOK, preparatory work for the construction of the SPP began on April 8 this year, and a week later the dismantling of metal structures began to prepare the territory for the construction of the facility.

According to Yuriy Korkodola, this is the first time the team has undertaken such work, and the experience was learned from companies that have already built and operate similar facilities. The company created a working group of specialists, calculated the technical specifications for the design, and began implementation.

The chief engineer of Pokrovsk GOK also explained the purpose of the SPP construction.

“First, the plant will be able to provide additional power and reduce consumption from the national grid. Secondly, it is important for us to try our hand and learn how to build such facilities, which are extremely necessary in our time. After all, we all understand that electricity shortages cannot be avoided in the near future. Therefore, we need to learn how to produce the resource in various available ways,” he said.

According to experts, the capacity of the SPP should reach 1 MW, but taking into account grid losses, it will be somewhat lower.

The project cost is approximately UAH 10 million. Given that Pokrovsk GOK has been idle for 7 months, the plant is trying to make money using various opportunities, from providing services to other companies to selling scrap metal. In addition, the company is working on claims.

The company is also trying to use its own resources in the construction of solar power plants, mainly using used rolled metal. They also use technologies that do not require contractors.

According to Pavlo Litun, chief power engineer at Pokrovsk GOK, the set of tasks for the power service as part of the SPP construction includes not only the installation and connection of solar panels but also the construction of a 34-mast high-voltage overhead line, installation of a transformer, and repair of a substation.

According to him, the electricity generated by the solar power plant will be sent to the Pokrovsk GOK’s general grid. Thus, the company will be able to produce its own generation in the annual volume of about 1 million kWh. This will enable the company to consume less power from the grid and save money.

Pokrovsk GOK currently sees no prospects for restarting due to electricity problems. The plant is unable to operate fully due to a shortage of electricity and its high cost for the industry.

As GMK Center reported earlier, Pokrovsk GOK suspended full operations in early November 2023. The main reasons for the suspension were the economic downturn in demand and the cost of manganese-containing products, as well as the instability of energy supply. The decline in demand was due to the shutdown of the plant’s main consumers, Ukrainian ferroalloy plants.

  • Society

Metinvest to allocate over $500 million to support veterans in 2025

Metinvest Group, which has faced the mobilization of one in five employees since the start…

Tuesday July 1, 2025
  • Global Market

Canadian steelmakers consider government’s proposed protective measures insufficient

Representatives of the Canadian steel industry told government officials that the proposed measures to protect…

Monday June 30, 2025
  • Companies

ArcelorMittal Poland launches new hydrogen furnaces in Krakow

ArcelorMittal Poland has officially commissioned hydrogen furnaces in the cold rolling annealing shop at its…

Monday June 30, 2025
  • Global Market

Taiwan has imposed temporary anti-dumping duties on Chinese hot-rolled steel

Taiwan will impose temporary anti-dumping duties on certain types of flat hot-rolled steel from China…

Monday June 30, 2025
  • Companies

Atlas Holdings to acquire Evraz North America with assets in the US and Canada

Investment company Atlas Holdings has signed a definitive agreement to acquire Evraz Inc. NA and…

Monday June 30, 2025
  • Industry

Ukraine increased pig iron exports by 35.1% m/m in May

In May 2025, Ukrainian steel enterprises exported 162.36 thousand tons of commercial pig iron, which…

Monday June 30, 2025