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Austrian energy firm Wien Energie, alongside Ukrainian UDP Renewables, aims to develop an industrial green cluster in Volyn featuring the hydrogen production facility. If realized, this initiative will mark Ukraine’s first industrial energy cluster centered around renewable energy sources. Investment company UDP Renewables forecasts a rising demand for hydrogen, in light of the EU’s strategy to achieve climate neutrality by 2050. Consequently, Wien Energie, fully owned by the municipal government of Vienna, is exploring avenues to create these clusters. The

said the company vice president, Vitaliy Melnyk. In September, the company will open its 18,000 square meter ‘business campus’ at LvivTech.City. With a total planned buildout of 110,000 square meters, the company plans to start residential construction this fall.

by the end of next year, said Sergiy Yevtushenko, UDP’s co-founder and managing partner, on Facebook yesterday. Yevtushenko wrote, Nebras, a state-owned company, will buy control of six solar stations, noting Monday’s deal comes after two years of negotiations. He added: “The next stage of the partnership will be the implementation of new wind power projects which will create new capacity in ‘green’ energy to provide for the needs of about 310,000 average households.”

which are planned for construction by the end of 2022. At the end of the investment cycle, Nebras will become owner of a controlling stake in the plants.