Damage to Ukraine’s renewable energy sector could surpass $1 billion
22 Apr 2022
The conflict between Russia and Ukraine has leveled schools, businesses, hospitals, and homes, causing up to $63 billion in damages to Ukraine’s infrastructure by the end of March, according to estimates by the Kyiv School of Economics
It’s hard to find a sector of society that hasn’t been affected, and Ukraine’s nascent renewable energy sector is no exception. The team I lead at the data and analytics firm Verisk has learned the damage could surpass $1 billion, which would make it the largest renewable energy sector loss event in history.
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