DTEK officially launched Ukraine’s first industrial lithium-ion energy storage system yesterday, a pioneering entry into what is to be a billion dollar business in Ukraine during this decade.

 Maksym Tymchenko, DTEK’s CEO, said of the 1 MW battery in Zaporizhia: “This is first step toward building a new reliable, flexible energy system in Ukraine. We open door to other actors who will invest more in energy storage systems.” Storage helps power distribution companies balance the peaks and lows of electricity generated from solar and wind plants.