News Release from windfair.net

Wind Industry Profile of

windfair.net

03/14/2023

Despite war: Ukraine builds wind farm

Despite Russia's ongoing war against Ukraine, DTEK Group reports the completion of the first phase of the Tyligulska wind farm with a capacity of 114 MW.

In the coming weeks, the 19 wind turbines are expected to start generating electricity to support Ukraine's energy supply. The construction of the wind farm in the Mykolaiv region in the south of the country is another step towards the realization of the ambitious "30 by 2030" initiative, which aims to install 30 GW of renewable energy capacity in Ukraine by 2030.

SCM Group shareholder Rinat Akhmetov said, "The failure of russia’s energy terror has once again demonstrated the tenacity of Ukraine’s power engineers. It also clearly shows the importance of Ukraine strengthening our energy security and moving towards energy independence. Clean energy is key to achieving that and russia’s brutal invasion of Ukraine has accelerated RES development all over the world."

Originally, the complete Tyligulska wind farm, with a capacity of 500 MW, was to be built in 2022, but the Russian invasion prevented that from happening. Now, at least the first phase of construction is complete and the team is looking at options for further implementation of the project, including negotiations with international financiers and partners.

"The war will not stop us. We continue to create jobs, pay taxes, produce coal, generate electricity, restore grids, fight for our energy independence, and invest in the future. We will win the war," Akhmetov said.

Maxim Timchenko, CEO of DTEK, said, "Despite all the challenges of this year of war, DTEK has constructed an additional 114 MW of green power generation for Ukraine. It has been a difficult task, but thanks to the high levels professionalism and bravery of the company's employees, the new wind farm with 19 turbines will start operating this spring. Ukraine creates and russia destroys. This is the fundamental difference in our world views. DTEK is building new energy facilities because we believe in the victory of Ukraine. And we are sending a signal to international partners that it is possible to invest in Ukraine today without waiting for the end of the war.”