A Canadian company will acquire several solar power plant in Ivano-Frankivsk, increasing its Ukrainian portfolio to seven plants. The Antimonopoly Committee of Ukraine has granted permission to TIU 1, part of the Canadian group TIU Canada, to acquire control over four solar power plants in Ivano-Frankivsk. The company will acqui... #investments #IvanoFrankivsk #RenewableEnergy #RESinvestments #SolarEnergyUkraine #SPPdevelopmentUkraine #TIUcanada
Ukraine’s largest alternative electricity producer invests €300M in constructing a 200 MW wind farm. Ukraine’s largest alternative electricity producer – Elementum Energy, owned by the international VR Capital Group, has launched a 200 MW wind farm project in western Ukraine. The power plant wi... #ElementumEnergy #RenewableEnergyUkraine #RESinvestments #VRcapitalGroup #WindEnergyUkraine
The IFC may join the EBRD in financing the construction of a 147 MW wind farm in Volyn. On December 10, The World Bank Group’s IFC plans to consider the provision of a €55M loan to Concern Galnaftogaz to finance the construction of a wind farm with a 147 MW capacity in the Volyn re... #ebrd #ifc #okko #RESinvestments #VolynRegion #WindEnergyUkraine
DTEK is building a wind farm near the front, which will provide electricity to more than a million families. How can Ukraine attract RES investment? DTEK representative Nataliya Slobodian said: “This is the only case in world history when a renewable generation facility is being built 100 km from a front line under martial law. We have compl... #DiXiGroup #DTEK #RESinvestments #TyligulskaWindPowerPlant #WindEnergyUkraine
Ukraine presents an investment portfolio of green projects worth $78B. At the UN COP29 International Climate Conference, Deputy Minister of Economy Andrii Telyupa presented the Ukrainian National Energy and Climate Plan (NECP), which was developed and approved in less th... #CircularEconomy #ClimateNeutrality #COP29 #GreenEnergyUkraine #investments #RESinvestments #UkraineRecovery
Since the beginning of the full-scale war, the EBRD has invested €2B in Ukrainian energy and is ready to continue. EBRD representative Olha Yeromina reported that since the beginning of the full-scale war, the bank has invested approximately €5B in Ukraine and approximately €2B to implement energy projects, partic... #ebrd #energyukraine #investments #RenewableEnergy #RESinvestments
Ukraine announces the construction of more than 800 MW of wind generation in 2025. Energy Minister German Galushchenko noted: “There are corresponding plans for the construction of more than 800 MW of wind generation facilities.” He added that Ukraine’s Western par... #EnergyIndependence #GermanGalushchenko #RenewableEnergyUkraine #RESinvestments #SolarEnergy #WindEnergy
What is preventing the construction of new renewable energy capacities in Ukraine? The accumulation of debt owed to producers in the renewable energy sector hinders the construction of new capacities, which are critically important for overcoming Ukraine’s electricity shortage... #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergy #RESinvestments
UWEA: Investors are preparing to create a green energy development fund in Ukraine. Preparatory work is underway in Ukraine to create a fund that international financial organizations will finance to stimulate the construction of renewable energy facilities, said Andriy Konechenkov, ... #energyukraine #GreenENergy #RenewableEnergyUkraine #RESinvestments
Ukraine must stop the accumulation of debts in green energy payments because it harms investment. The situation with debt in the renewable energy market is still critical, so the state should find ways to solve this problem and prevent it from becoming an obstacle to attracting investment in the g... #energyukraine #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergy #RESinvestments #Ukrenergo
Foreign investors: Ukraine should create investor friendly conditions for green energy. According to VR Capital Group, Ukraine must ensure regulatory predictability and stability in order for foreign investors to implement fast construction of new green energy capacities. “We would... #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergyUkraine #RESinvestments #VRcapitalGroup
This year, businesses intensified their development of renewable energy sources, and non-core companies are entering the market. As a result of the war-induced crisis of traditional power generation, this year businesses were forced to step up the development of renewable energy sources compared to 2023. Two examples are the VR... #EcoOptima #energyukraine #RenewableEnergyUkraine #RESinvestments #VREnergy
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
For the first time, a green auction will be held in Ukraine to stimulate renewable energy development. For the first time in Ukraine, state-owned enterprise Guaranteed Buyer has announced an online auction on October 31 to distribute support quotas for enterprises producing electricity using alternativ... #GuaranteedBuyer #RenewableEnergy #RESinvestments #UkraineEnergy #UkraineGreenEnergy
Elementum Energy plans to build 400 MW of wind power generation in Ukraine at a cost of €500M. Elementum Energy, owned by VR Capital, plans to build wind power plants with a capacity of about 400 MW in the south and west of Ukraine in the coming years. Elementum Energy previously announced the... #ElementumEnergy #EnergyInvestments #Odesa #RESinvestments #UkraineEnergy #WindEnergy
Ukraine should prioritize the development of green energy to attract investment. Ukraine should prioritize the development of green energy with specific decisions and actions that will stimulate investors to invest in this industry and reduce the energy deficit, said the top manag... #energyukraine #NotusEnergy #RenewableEnergy #RESinvestments
Solar energy capacity is growing at a record pace, exceeding experts’ forecasts. According to energy think tank Ember, 593 GW of solar generating capacity will be added by the end of the year, 29% more than last year. These figures are almost 200 GW higher than the International E... #alternativeenergy #RenewableEnergy #RESinvestments #SolarEnergy
Ukrainian and Czech companies jointly launch a €75M wind farm, western Ukraine’s largest. Total investment in the Skoliv wind power plant, built in the mountainous area of the Lviv region with a 54.6 MW capacity, amounts to €75M. Ukrainian company Eko Optima and Czech MND implemented the... #EkoOptima #RenewableEnergy #RESinvestments #SkolivWindPowerPlant #WindEnergyUkraine
Ukraine plans to create a fund to support green power plant construction. Ukraine is working to create a dedicated fund that would guarantee stable investor profitability for new renewable energy projects, which would stimulate the construction of green power plants, said... #AndriiGerus #GreenEnergyUkraine #GuaranteedBuyer #RESinvestments #Ukraineinvestors
Ukraine can potentially switch to RES faster than other countries. Ukraine’s case regarding the green transition is unique, as many existing energy capacities were quickly taken out of commission due to the war. Still, there is an opportunity to attract investm... #EnergyStorageUkraine #energyukraine #Greenpeace #RenewableEnergyUkraine #RESinvestments #SolarEnergy
Ukraine will hold pilot green auctions to attract investors to renewable generation. The Cabinet of Ministers instructed the Ministry of Energy to ensure the organization and conduct of a green auction pilot program to attract investors to renewable generation. The government has adop... #DenysShmyhal #EnergyAuction #energyukraine #RenewableEnergyUkraine #RESinvestments
The share of renewable energy in Ukraine will increase to 27% by 2030, these projects will require $20B in investments. The Cabinet of Ministers approved the National Renewable Energy Action Plan for the period up to 2030 and the planned measures for its implementation. It is anticipated that the share of renewable ene... #energyukraine #GreenENergy #RenewableEnergyUkraine #RESinvestments
Ukraine is switching to solar energy: ₴1B in loans have been issued, and solar panels will be installed on all public buildings. Ukrainian banks have already approved issuing loans for the installation of solar power systems in households worth ₴1B ($25M), said Minister of Energy German Galushchenko. The Ministry emphasized tha... #EnergyIndependence #energyukraine #GermanGalushchenko #RESinvestments #SolarEnergy #SolarPanels
The war is accelerating Ukraine’s transition to renewable energy sources. By continuously attacking Ukraine’s energy sector for two years, Russia has inadvertently accelerated the country’s transition to ecologically friendly energy sources. Due to Russian airst... #energyukraine #ForeignInvestor #RenewableEnergyUkraine #RESinvestments #UkraineEnergyLosses #WarRiskInsurance
Experts name the factors stopping investment in new wind power plants in Ukraine. According to the head of the Ukrainian Wind Energy Association, Andriy Konechenkov, new distributed generation capacities can compensate for the loss of 10 GW of traditional energy capacities. As well... #EnergyInvestments #ForeignInvestor #MilitaryRiskInsurance #RESinvestments #WarRisks #WindEnergyUkraine
IFC: Liberalization of energy prices is needed to unlock $97B in energy investment. The top manager of the International Finance Corporation (IFC) of the World Bank Group, Ines Rocha, said: “Reforms in the energy sector, including the liberalization of energy prices, are of key... #EnergyEfficient #EnergyIndependence #energyukraine #ifc #InesRocha #ReformsinUkraine #RESinvestments
Ukraine has great potential in solar energy, and the industry needs almost €5B in investment by 2030. According to a study by Berlin Economics, in the years before the start of Russia’s full-scale aggression the share of solar energy in the total volume of Ukraine’s electricity production increa... #EnergyDecentralization #EnergyInvestments #energyukraine #RESinvestments #SolarEnergy
The government allows the export of green electricity to the EU. The Cabinet of Ministers of Ukraine approved a resolution enabling the state enterprise Guaranteed Buyer to sell electricity purchased from producers utilizing renewable energy sources (RES) not only ... #ElectricityExports #GermanGalushchenko #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergy #RESinvestments
Oschadbank will join in the construction of a 520 MW wind power plant in western Ukraine. The state bank will take part in implementing a project from the Friendly Wind Technology company to construct a wind farm with a capacity of 520 MW in the west of Ukraine, said the deputy chairman of... #FriendlyWindTechnology #GreenENergy #oschadbank #RESinvestments #WindEnergyUkraine
Ukraine’s producers and consumers of green energy have received guarantees that will increase investment attractiveness and export potential. Green electricity production can benefit both RES owners and industrialists. A government resolution regulating the procedure for fixing guarantees to create green energy should make investment more a... #ElectricityProduction #energyukraine #GreenEnergyUkraine #RenewableEnergy #RESinvestments
Ukraine will develop a market for energy conservation systems with investments totaling more than $500M. In 2023, transmission system operator Ukrenergo issued a record 11 sets of technical requirements for the construction of industrial energy conservation systems. In particular, the largest fuel compan... #EnergyStorageUkraine #KNESS #MHPecoEnergy #okko #RESinvestments #UkraineEnergy #Ukrenergo
A fuel trader and an agricultural giant plan to invest in green energy generation in Ukraine. By 2025, Ukraine’s largest fuel company, OKKO, plans to build a 150 MW wind farm in the Volyn region. The head of OKKO, Vasyl Danylyak, said that the company purchased an energy storage project ... #MHPagro #okko #RESinvestments #VasylDanylyak #WindEnergyUkraine
The EIB allocates more than €20B for investments in various sectors of Europe, including Ukraine’s logistics capabilities. The European Investment Bank has agreed to provide €20.4B in new funding for investments in energy, transport, business, education, water, and regional development in Europe and worldwide. This includ... #EIB #investments #InvestmentsinUkraine #REPowerEU #RESinvestments #WindEnergy
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
Over 100 countries will triple their use of green energy by 2030, and Ukraine has been advised to develop RES as a profit source after joining the EU. At the UN climate summit (COP28), the governments of 117 countries pledged to triple the use of renewable energy sources (RES) by 2030 to reduce the share of fossil fuels in global energy production. ... #FossilFuels #GreenENergy #RenewableEnergy #RESinvestments
If Europe invests €2T in RES, it could become energy self-sufficient. By investing in solar, wind, and other renewable sources, Europe could abandon fossil fuels and create a self-sustaining energy sector by 2040. To achieve this goal, the continent will need an annual ... #FossilFuels #GreenEnergyEU #RenewableEnergy #RESinvestments
With the expansion of RES, achieving zero emissions by 2050 is possible. According to an IEA report, the current global situation calls for increasing renewable energy capacity to 11,000 gigawatts by 2030 and increasing global investment in clean energy from about $1.8T in... #GreenENergy #IEA #LowEmissionEnergy #RESinvestments
Ukraine wants to attract Slovak investors for RES projects in Transcarpathia. The Deputy Minister of Energy of Ukraine, Yaroslav Demchenkov, and the State Secretary of the Ministry of Economy of Slovakia, Peter Shvets, discussed the possibilities of expanding Slovak business ac... #PeterShvets #RESinvestments #WindEnergyUkraine #YaroslavDemchenkov
The EU must invest an extra €700B annually to shift away from Russian fossil fuels. According to a draft report from the bloc’s executive arm, the European Union must invest an additional €700B a year to green the economy and shut out cheap Russian fossil fuels. Most of that fi... #GreenEnergyEU #RESinvestments #RussianFossilFuels #UrsulavonderLeyen
The war in Ukraine is driving the flow of international investment in RES – for the first time in history, they will exceed fossil fuel financing. The International Energy Agency predicts that green investment will reach $1.7T by the end of the year, while investments in coal, gas, and oil will exceed $1T. Among the reasons for the green reorien... #FatihBirol #GreenENergy #RenewableEnergy #RESinvestments
This year, renewables will account for 70% of total investments worldwide in electricity , the International Energy Agency says in a new report. Renewables, largely wind and solar, will get $530 billion, the Agency says in the 64-page study. This year, for the sixth year in a row, investm... #RenewableEnergy #RESinvestments
