Energy storage device in Ukrainian office building

4 FAQs about [Energy storage device in Ukrainian office building]

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.

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.

Which large-scale energy deployments are happening in Ukraine?

Other large-scale deployments in Ukraine that Energy-Storage.news has reported on include one from energy firm KNESS and a plan from the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) to deploy distributed BESS projects for resiliency.

Is DTEK a state-owned energy company in Ukraine?

Unlike other state-owned energy companies in Ukraine, DTEK hasn’t been able to secure funding from the European Bank for Reconstruction and Development (EBRD). Cooperation with Ukrainian banks strengthens Ukraine’s energy security and potential, the company said.

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