en.Wedoany.com Reported - Ukraine's largest private energy company, DTEK, has announced an investment of €1.2 billion (approximately $1.4 billion) to build the 650 MW Poltavska wind farm. Located in the Poltava region of central Ukraine, the project plans to install up to 100 turbines and will become one of the largest onshore wind projects in Europe upon completion. The project is being implemented by DTEK's renewable energy subsidiary, which was honored with the 2023 Power Magazine award for the Tyligulska wind farm.
On April 22, DTEK stated that the Poltavska project is a "flagship initiative" aimed at replacing electricity generation capacity damaged by conflict, strengthening energy security, and accelerating the transition to clean energy. DTEK CEO Maxim Timchenko remarked, "Even under continued attacks, we are restoring generation, expanding renewables, and modernizing the grid because a resilient energy system is the foundation of Ukraine's survival and future prosperity." Business publication NV listed DTEK as Ukraine's largest private investor since the conflict began, accounting for 22% of total private investments. DTEK highlighted that between 2022 and 2025, it has invested 101.7 billion hryvnias (about €2.4 billion) into Ukraine's economy, with investment in 2025 doubling to 45.4 billion hryvnias (approximately $1.1 billion). Key investment priorities include restoring thermal power generation and coal mining, expanding renewable energy, modernizing the power grid, and boosting natural gas production.
Additionally, DTEK has already commissioned 114 MW at the Tyligulska wind farm in southern Ukraine, with another 384 MW under construction, bringing total investment for the project to €650 million. The company has also launched a 200 MW energy storage system, the largest in the country, and plans to further develop renewable energy.
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