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
A Ukrainian private energy company is building power plants in the EU. DTEK Group Holding plans to complete the construction of the Ruginoasa wind farm in Romania by the end of the year, which is the first project by DTEK Renewables in Europe. Also, the company has large... #DTEKEnergy #MaximTimchenko #RenewableEnergy #RinatAkhmetov #WindEnergy
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
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 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
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
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 is ready to “consider the sale of power stations and coal mines” as the company shifts towards green energy, DTEK CEO Maxim Tymchenko tells Ekonomichna Pravda news site. Ukraine’s largest private electricity producer is positioning itself to meet the EU’s net zero carbon target for 2050. Over the last three ... #DTEK #GreenEnergyUkraine #MaximTimchenko
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 inves... #DTEK #DTEKEnergy #MaximTimchenko
“Thus, DTEK Energy’s loans have been transferred to a public financial instrument,” the press release reads. DTEK CEO Maksym Timchenko said: “Despite the loss of assets in Donbas, the systemic crisis in the Ukrainian electricity market and the economic downturn caused by the COVID-19... #DTEK #MaximTimchenko