Concorde Capital will compete with DTEK and is building a $1B energy company. Investment company Concorde Capital is working build an energy company worth $1B, company founder Ihor Mazepa said. Concorde Capital and its partners, including the American DFC, have invested €32M in... #ConcordeCapital #DFC #DTEK #EnergyInvestments #EnergyStorage #energyukraine #IhorMazepa
The government and energy companies assess Ukraine’s readiness for winter. Considering gas consumption by power plants, Ukraine will have enough resources for the upcoming winter season, Energy Minister Herman Galushchenko assured the public. According to him, Ukraine has ag... #DTEK #energyukraine #GasstorageUkraine #GermanGalushchenko #HeatingSeason #Naftogaz #Ukrenergo
Is Ukraine ready for winter without the transit of Russian gas? Ukraine is technically ready to get through the winter without the transit of gas through its territory, which is scheduled to stop entirely on December 31, said head of Naftogaz Oleksiy Chernyshov. N... #DTEK #Energoatom #energyukraine #GasTransit #HeatingSeasonUkraine #Naftogaz #RussianGas
WPPs are expanding their footprint in Ukraine: State and private companies plan to launch two 600 MW plants in the Ternopil and Vinnytsia regions. State enterprise Naftogaz Bioenergy is studying the possibility of building a wind power plant in the Ternopil region. A draft memorandum has been prepared that outlines cooperation between the Saranc... #DTEK #NaftogazBioenergy #RenewableEnergy #RESinvestments #TyligulskaWindPowerPlant #WindEnergy
Opinions of Ukrainian energy experts differ on the duration of winter blackouts. A generation deficit in winter and blackouts are unavoidable, and in the best-case scenario, there will be no electricity for up to five hours a day, said DTEK. And this is provided that Russia inflic... #DTEK #ElectricityDeficitUkraine #energyukraine #OleksiyBrecht #Ukrenergo #VolodymyrKudrytskyi
Ukraine’s electricity generation deficit this winter will be 4 GW. Ukrainian power engineers will have their work cut out for them in December, considering that approximately 14-15 GW of generating capacity has been restored, which will leave the energy system with a... #DTEK #ElectricityDeficitUkraine #EnergyRestore #energyukraine
Banks have issued ₴4B in loans to restore Ukraine’s energy infrastructure, but medium-sized businesses refuse to construct generation capacity and are preparing for downtime. Since the beginning of June, banks have received 1,356 loan applications for energy infrastructure restoration projects totaling ₴40.1B. The NBU confirmed the approval of applications totaling ₴3.97B ... #AndriiPyshnyi #DTEK #EnergyDecentralization #EnergyRestore #LoansforBusiness #nbu #UkraineEnergy
DTEK names four critical factors for getting through the winter and its plans to restore up to 70% of Ukraine’s damaged generation capacity. To get through the next winter, it is necessary to have sufficient air defenses, restore a significant amount of generation, increase electricity import capacity (from 1.7 GW to 2.2 GW or even 2.7 GW)... #AirDefenseSystems #DmytroSakharuk #DTEK #EnergyRestore #HeatingSeasonUkraine #UkraineEnergy #UkraineEnergyLosses
DTEK Renewables has prolonged its green Eurobond payments and received support for constructing the second stage of the Tyligulska wind farm. DTEK Renewables Finance B.V. successfully negotiated with its investors, and they agreed to extend payments on green Eurobonds for three years – from November 2024 to November 2027. The bondholders al... #DTEK #EurobondsPayments #TyligulskaWindPowerPlant #UkraineGreenEnergy #WindPowerPlant
In one of its most brutal and bloody attacks yet, Russia struck a children’s hospital in Kyiv, an industrial enterprise in Kryvyi Rih, as well as other cities and regions. On the morning of July 8, Kyiv and other cities in Ukraine were hit by eight missiles out of the 38 launched by the terrorist state. A Russian rocket hit the Okhmatdyt Children’s Hospital in the... #DTEK #KryvyiRih #Okhmatdyt #RussianAggression #RussiaTerroristState #UNSecurityCouncil #WarinUkraine
DTEK Renewables will pledge the largest solar plant in Ukraine as €325M in Eurobond collateral. DTEK Renewables Finance B.V., a member of the DTEK group, is asking Eurobond owners for €325M to postpone their repayment for three years (until November 12, 2027), the company reported on the Irish S... #Creditors #debt #DebtObligations #DTEK #SolarEnergyUkraine
Ukraine will install up to 1 GW of gas-fired distributed generation urgently, and DTEK Energy will direct all funds to restore TPPs. It is realistic to install up to 1 GW of gas-fired power generation in Ukraine, according to Deputy Minister of Energy Mykola Kolisnyk. “Several tens of megawatts have already been installed, an... #Denmark #DTEK #ElectricityGeneration #EnergyRestore #energyukraine #UBNnetwork #UkraineRecovery
Turning point: Ukraine has approved a regulatory framework to quicken investment in new power generation and energy storage facilities. The National Commission for Regulation of the Energy Market (NERC) adopted a resolution to introduce special auctions for auxiliary services to provide frequency regulation and active power reserves i... #DTEK #ElectricityGeneration #EnergyStorageSystems #energyukraine #VadymUtkin #VolodymyrKudrytskyi
Over 30 wind generation projects are being developed in Ukraine, including a 650 MW wind farm. Artem Nekrasov, the Head of the state-owned enterprise Guaranteed Buyer, stated that: “More than 30 new wind generation projects are currently being built in Ukraine. Among the investors are Ukr... #DTEK #energyukraine #GreenENergy #GuaranteedBuyer #RenewableEnergyUkraine #WindEnergy
Metallurgy and energy: key investments of Ukrainian business in the EU. The total amount of Ukrainian investment in Poland has already reached more than €1B, while last year, more than 300 Ukrainian companies started operating in Romania. In general, businesses from Ukrai... #DTEK #EnergoPlus #investments #Metinvest #ukrainianbusiness #VescoGroup
German and American companies will help build new distributed generation capabilities in Ukraine. Ukrnafta signed memorandums with Siemens Energy Global GmbH & Co. KG and Deutsche Bank to develop distributed electricity and heat generation in Ukraine. The first is a memorandum of understanding... #DeutscheBank #DTEK #ElectricityGeneration #energyukraine #GEvernova #Honeywell #SiemensEnergy #Ukrnafta
Ukraine continues its attacks on Russian oil refining facilities while the aggressor strikes shopping malls and SPPs. On the night of June 6, Ukrainian drones attacked an oil depot in the Belgorod region of Russia, damaging fuel tanks. Explosions also rang out in Russia’s Rostov region, and a fire broke out at the No... #AttackOnRussia #DmytroSaharuk #DTEK #OilFacilityBelgorod #OilRefineryRussia #Rostov
A relocated enterprise begins production of wind turbines in Transcarpathia, and DTEK is preparing to construct the second stage of the Tyligulska wind farm. The Friendly Wind Technology company announced its readiness to start production line operation to manufacture wind turbines. The company plans to produce up to 20 wind turbines with a unit capacity o... #DTEK #FriendlyWindTechnology #RenewableEnergy #TyligulskaWindPowerPlant #WindPowerPlant
After Putin’s inauguration on the Day of Remembrance and Reconciliation, Russia launched a massive attack on Ukraine with missiles and drones. On May 8, the Russian military attacked Ukrainian energy infrastructure facilities in six regions. There is also damage to gas infrastructure in the western part of Ukraine. Private energy company DTE... #DTEK #EnergyInfrastructure #Kherson #MissileAttackOnUkraine #RussianAggression #WarinUkraine #WarLosses
Due to the recent attacks, Ukraine faces its most challenging energy situation since the start of the war, said DTEK CEO Maksym Timchenko. “We have lost 80% of the available capacity. Of course, these are the most difficult times since the beginning of the full-scale invasion in terms of the country&... #DTEK #MaximTimchenko #UkraineENergySystem #UkraineEnergySystemDamage
DTEK Energy Holding plans to add 1.5 GW of green energy to Ukraine’s energy system within three years. CEO of DTEK Maksym Timchenko said: “We have been discussing the need for distributed generation since the first months of the war. Our strategy involves investing in green generation. We plan to... #DTEK #ElectricityGeneration #energyukraine #GreenENergy #MaximTimchenko #TyligulskaWindPowerPlant #WindEnergyUkraine
Russia continues to attack hydro and thermal power plants, destroying 10-12% of generation capacities. According to the Energy Research Center director, Oleksandr Kharchenko, Ukraine lost 10-12% of the generating capacity that was available at the time of the first attack on March 22 due to the latest ... #DroneAttackOnUkraine #DTEK #EnergyInfrastructure #energyukraine #MissileAttackOnUkraine #OleksandrKharchenko
Ukrainian Energy Holding will build an energy storage system in Poland. DRI, DTEK’s EU-focused subsidiary, has signed a definitive, binding share purchase agreement with Poland’s Columbus Energy that will give it the right to build a 133 MW battery storage fac... #ColumbusEnergy #DRI #DTEK #EnergyStorageSystems #PolandEnergy
During the war, three wind power plants with a total capacity of over 200 MW have been built in Ukraine. Chairman of the Board of the Ukrainian Wind Energy Association (UWEA) Andriy Konechenkov clarified: these are the Tyligul wind farm of DTEK (114 MW, Mykolaiv region), the 60 MW second stage of Element... #DTEK #RenewableEnergy #TyligulskaWindPowerPlant #WindEnergyUkraine
A Ukrainian private energy company is investing €450M to make its wind farm the largest in Eastern Europe. The DTEK Group plans to construct the Tyligulska Wind Power Plant in 2025. DTEK and the Danish company Vestas signed a memorandum on the completion of the construction of the largest wind power plant ... #DTEK #RESinvestments #TyligulskaWindPowerPlant #WindEnergyUkraine
A new wind power plant will be built in the Poltava region. DTEK Renewables has started pre-design works for the Poltavska Wind Power Plant (WPP), which will be in the Hlobyne town community in the Poltava region. The company noted that they continue to streng... #DTEK #energyukraine #RenewableEnergy #WindEnergyUkraine
DTEK Energy will pay September bond coupon in full. Ukraine’s largest private electricity and coal producer, DTEK Energy, plans to pay September’s $29.5M coupon on its 2027 note in cash, said the CEO of the company, Maxim Timchenko. That would mark the... #DTEK #DTEKBonds #MaximTimchenko
Due to the war, the largest energy holding, DTEK, has lost 70% of its value. According to Forbes, before the war, DTEK Energy generated more than 40% of the group’s revenue, mined 90% of the coal in Ukraine, controlled about 70% of heat generation, and occupied a third o... #DTEK #EnergyInfrastructure #GreenENergy #ZaporizhzhiaTPP
DTEK intends to oust Russian coal from Europe. DTEK, a diversified energy holding, plans to replace Russian coal in Europe with its supplies in the short term said DTEK CEO Maxim Timchenko. According to him, Ukraine has already started supplying ... #DTEK #DTEKEnergy #MaximTimchenko
DTEK has not changed its investment plans in Ukraine and continues to work as usual. DTEK continues to work within its strategic framework and has not changed its plans for investments in the development of the Ukrainian energy system, despite the threat of war. According to DTEKR... #DTEK #DTEKEnergy #DTEKinvestments
On the second revision of the stand-by program, the IMF mission began working on February 23. The IMF mission led by Ivanna Vladkova Hollar started discussions with Ukrainian authorities on the second revision of the IMF-supported program. In June 2020, the IMF launched a loan program for Ukr... #DTEK #DTEKinvestments
DTEK Energy coal stocks at TPPs increased by 5% over the last week , to a record 540,000 tons since the beginning of the heating season. Since the beginning of the year, coal reserves at DTEK’s TPPs have doubled from 275,000 tons as of December 31, 2021, to 540... #DTEK #DTEKcoal
A new shipment with 45,000 tons of coal arrived in Ukraine. A ship that delivered 45 thousand tons of coal from Colombia arrived in Ukraine, reported DTEK Energy. The Panamax-class ship docked in the port of TIS and within the coming days will replenish DTEK ... #coalarrivedinUkraine #DTEK #DTEKEnergy #PanamaxclassShipwithCoal
DTEK Naftogaz invested over UAH 2B in 2021. Due to this, by the end of the year, the company increased production by 12% compared to 2020 and raised 2.06 billion cubic meters of gas from the subsoil. Recently, the company completed the constru... #DTEK #Naftogaz
DTEK joins World Economic Forum Initiative to create stakeholder capitalism indicators. On January 20, the Davos Agenda, organized by the World Economic Forum (WEF), hosted a roundtable to develop the industry metrics of stakeholder capitalism. DTEK is the first and, so far, only Ukrain... #DTEK #MaximTimchenko #WEF #worldeconomicforum
DTEK received UAH 2.7B from Ukrenergo’s green Eurobonds. On January 21, the Guaranteed Buyer transferred UAH 2.7B ($96M) to DTEK Renewables to pay off the debt owed from the issue of green Eurobond guarantees extended by Ukrenergo, announced DTEK spokesman ... #DTEK #DTEKBonds #Ukrenergo
Ukraine coal reserves at thermal power plants exceed 2020 figures. Last week, coal stocks in the warehouses of Ukrainian TPPs and CHPs exceeded coal stocks for the same period the previous year for the first time, said Chairman of the Verkhovna Rada Energy Committee ... #CoalReserves #DTEK #UkraineCoalReserves #UkraineEnergy
DTEK Energo welcomes two more Panamax-class vessels with fuel from the USA. On January 9, a ship tagged as the seventh ship delivered 75.5 thousand tons of American coal in the port of Yuzhnyi. Tomorrow, the 11th, the eighth ship with 82.5 thousand tons of fuel will be moored... #CoalFromUS #CoalfromUStoUkraine #DTEK #DTEKEnergy
Ukraine can be of assistance in resolving the energy crisis in Europe. The CEO of DTEK, Maxim TImchenko at Atlantic Council’s online debate stated that Ukraine is already showing its strong position in helping build Europe’s energy security by; reforming the industry; sy... #DTEK #MaximTimchenko
Over the past week, coal reserves at DTEK TPPs increased by 4.5% to 336 thousand tons. In general, the coal stocks at all TPPs in the country as of January 4 exceeded 500,000 tons. Total reserves, including state-owned thermal power plants suffering from a coal shortage, increased by 4.... #DTEK #DTEKcoal #DTEKEnergy
The next two vessels of DTEK’s eight contracted coal consignments arrived. Ukraine accepts two more Panamax-class ships with imported coal with a total volume of 131,000 tons. The first ship with 55 thousand tons of coal originating in Colombia docked at the port of TIS on T... #CoalforUkraine #DTEK #DTEKEnergy
The recently appointed head of Guaranteed Buyer has resigned. Vadim Ulida, who was appointed acting Chairman of the Guaranteed Buyer, on November 13, resigned on November 30. It is noted that Ulyda applied to the Cabinet of Ministers for voluntary dismissal due ... #DTEK #GuaranteedEnergyBuyer #VadimUlida
Guaranteed Buyer is asking the government to explain what to do with UAH 3 bln for DTEK. The state-owned enterprise has requested information about inspection results in terms of settlements with electricity producers, which have a “green” tariff. Currently, UAH 3.04... #DTEK #GuaranteedBuyerUkraine
DTEK Energy has reduced its net losses 10-fold since January 2021 . It earned UAH 1.965 bln ($74 mln) in net losses in the third quarter of this year, which is almost 10 times less than the loss in the same period last year, UAH 19.12 bln ($721 mln). At the same tim... #DTEK #DTEKEnergy
Ukrenergo lost an appeal by Akhmetov’s company for UAH 400 mln. The Northern Commercial Court of Appeal refused to meet Ukrenergo’s request and upheld the decision of the first instance to recover UAH 399.4 mln ($1.5 mln) in debts from Ukrenergo in favor of ... #DTEK #Ukrenergo
Manipulation of European funds by Ukrainian officials will be the basis for DTEK Renewables lawsuits in the international courts. The Ukrainian Guaranteed Buyer has acknowledged manual intervention in distributing the European targeted loan to repay debts to green investors, including DTEK Renewables. One result of the Illegal a... #DTEK #GreenENergy #RenewableEnergy
Ukraine has again requested emergency electricity supplies. On November 11, Ukraine again requested emergency electricity assistance from Slovakia due to the accident at DTEK. Emergency assistance with a capacity of 100 MW was activated from 16:00 to ensure op... #DTEK #ElectricityEmergency #ElectricityFromSlovakia
Electricity deficiency in Ukraine can be prevented, said DTEK CEO Maxim Timchenko at a press conference held on November 9. There are four ways to overcome the deficit of 5.5 billion kWh of electricity: It is necessary to import 1 mln tons of coal at Centerenergo, which will make it possible to generate 2 bln kWh; the pric... #DTEK #DTEKEnergy #EnergyDeficiency #MaximTimchenko
DTEK joins PPCA international alliance for gradual transition to carbon-free energy. The international Powering Past Coal Alliance will assist DTEK in the gradual transition to carbon-free energy. The company plans to achieve carbon neutrality by 2040. #carbonfreeenergy #DTEK
In October, DTEK increased coal supplies to TPPs by 17%. The volume of coal supplies to thermal power plants increased by 20% to 1.6 million tons, the main growth was provided by supplies to thermal power plants of DTEK Energo was 17%. In October 2021, Ukra... #DTEK #DTEKcoal #DTEKEnergy
