{"id":782588,"date":"2023-12-05T18:13:12","date_gmt":"2023-12-05T16:13:12","guid":{"rendered":""},"modified":"2023-12-05T18:33:42","modified_gmt":"2023-12-05T16:33:42","slug":"dtek-i-vestas-gotovi-realizuvaty-najbilshyj-pryvatnyj-investytsijnyj-proyekt-v-galuzi-energetyky-z-momentu-nabuttya-ukrayinoyu-nezalezhnosti","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/dtek-i-vestas-gotovi-realizuvaty-najbilshyj-pryvatnyj-investytsijnyj-proyekt-v-galuzi-energetyky-z-momentu-nabuttya-ukrayinoyu-nezalezhnosti\/","title":{"rendered":"DTEK and Vestas ready to implement Ukraine\u2019s largest private investment project in the energy sector since gaining independence"},"content":{"rendered":"
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DTEK Group and Vestas today signed a Memorandum of Understanding to complete the construction of the largest wind farm in Eastern Europe, a project supported by the European Commission and the governments of Ukraine and Denmark. The installed capacity of the Tyligulska Wind Power Plant will be 500 megawatts, with a total investment in excess of<\/strong> 650 million euros.<\/strong><\/p>\n

The Memorandum of Understanding between Ukraine\u2019s DTEK and Vestas, the world’s leading manufacturer of wind turbines, stipulates that the Danish company will supply wind turbines to Ukraine for the construction of the second stage of the Tyligulska windfarm<\/a>.<\/p>\n

The memorandum was signed at the UN COP28 climate conference<\/strong> in the presence of European Commissioner for Energy Kadri Simson and Minister of Energy of Ukraine German Galushchenko (via video link).<\/p>\n

The second stage of the windfarm will consist of 64 wind turbines (of 6 MW each) with a total capacity of 384 MW. \u00a0The first stage with a capacity of 114 MW was commissioned in the spring of 2023.<\/p>\n

Combined, the first and second phases of DTEK Tyligulska windfarm will have a capacity of around 500 MW<\/strong> (83 wind turbines). The plant will be capable of generating about 1.7 TWh of electricity annually \u2013 enough for the needs of 900,000 households. It is expected the project will save 1.7 million tons of CO2 that would otherwise be emitted.<\/p>\n

DTEK is ready to start construction of stage two in Q2 2024 and expects to complete it by the end of 2025. The installed wind turbines are expected to be gradually connected to the grid from the end of 2024.<\/p>\n

Investments for phase two amount to 450 million euros and are to be financed by the company and leading banks under state guarantees.<\/p>\n

The windfarm project is aligned to the broad development of distributed generation across Ukraine \u2013 a concept supported by President Volodymyr Zelenskyy<\/strong>. Assets such as wind turbines, which are dispersed over a wide area, have proved to be more resilient during the war and bring Ukraine closer to its ultimate goal to become a green energy hub for Europe.<\/p>\n

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The Tyligulska windfarm project was developed in accordance with the company’s long-term strategy to achieve carbon neutrality and integration into the single energy market of the European Union, approved by DTEK shareholder Rinat Akhmetov<\/strong>.<\/p>\n

DTEK CEO Maxim<\/strong> Timchenko <\/strong>said: “This is further evidence of Western investors\u2019 strong confidence in DTEK Group as responsible partner in Ukraine. Believing in our victory, we will not wait for the end of the war to attract Western or our own capital to create new infrastructure. Today, we are busy restoring not only what the occupier is destroying, but also building a new energy system and new power plants. The Tyligulska windfarm will significantly increase the stability of our energy system, help strengthen the country’s energy security, and enable Ukraine to become a decarbonisation leader that can act as an energy hub for Europe”<\/em>.<\/p>\n

Vestas CEO Henrik Andersen<\/strong> said: \u201cWe are very pleased to be expanding our partnership with DTEK again and build the Tyligulska project to support the reconstruction of Ukraine\u2019s energy sector and show that Ukraine is open for business. The project is becoming a reality under extraordinary circumstances, and we look forward to working with DTEK on the final steps towards financial closure. Infrastructure projects of this size in Ukraine currently require additional risk guarantees, and we believe supporting a project as ambitious as this can re-emphasise the EU\u2018s support to Ukraine. I want to recognise the visionary leadership of DTEK \u2013 thank you for the trust you have in Vestas\u201d.<\/em><\/p>\n

DTEK Tyligulska Wind Farm at a Glance: <\/u><\/strong><\/p>\n

Location<\/strong>:<\/strong> Mykolaiv region. 400 km from Kyiv. 85 km from the border with Moldova. 10 km from the Black Sea<\/p>\n

First stage (completed):<\/strong><\/p>\n