Energy

On Wednesday, The World Bank approved a $212 million in low interest loans to help Ukraine synchronize its electricity system with the EU’s ENTSO-E power grid by 2024

Friday, July 2, 2021

. The Bank reports that loans to Ukrhydroenergo will help pay for 197-megawatt short-duration battery energy storage systems combined with solar power plants at four hydroelectric dam sites on the Dnipro — Kyiv, Kaniv, Kremenchuk and Kamianske. In addition, a long-duration battery and solar power plant will be installed at Dnister Hydroelectric Plant.

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