Ukrainian solar charging pile energy storage application

Did Ukraine get a loan to build a battery energy storage complex?

Solar panels of a rooftop in Kyiv, Ukraine. March 2, 2023. (Julia Kochetova/Bloomberg via Getty Images) This audio is created with AI assistance Ukraine's largest private energy company DTEK secured a $72-million loan to build one of the largest battery energy storage complexes in Eastern Europe, the company said on June 3.

Can solar power plants help Ukrainian society?

“Solar power plants can help Ukrainian society,” Sokolovskyi says, by giving energy independence to private citizens and businesses. Moreover, support for critical infrastructure like hospitals, clinics and schools – the kind of work Semenyshyn’s Repower Ukraine does – often comes from PV and energy storage combined.

Who is funding the energy storage project in Ukraine?

Ukraine’s second most profitable bank, state-owned Oschadbank, state-owned Ukrgasbank, and PUMB will provide the funding for the project, which includes six energy storage installations across the country, totaling 200 megawatts to power 600,000 households.

How much solar power does Ukraine have in 2024?

Figures from the Solar Energy Association of Ukraine (SEAU) earlier this year showed that the country added around 850MW of solar PV capacity in 2024, the majority of which came from self-consumption systems installed by businesses. It’s “become a trend”, Semenyshyn says.