The World Bank Group’s IFC plans to mobilize about $345 million to build a new 350 MW wind power capacity in Ukraine, the corporation said on its website on Wednesday.
The report said the initiative was presented among other initiatives aimed at supporting Ukraine at the URC-2024 recovery conference in Berlin.
Now these projects, which are planned to be implemented in order to improve energy security and support further development of renewable energy in Ukraine, are undergoing due diligence and awaiting approval by the IFC management and Board of Directors, the corporation specified.
As reported, at URC-2024, Knud Rissel, commercial director of the German company Notus Energy, said that it is engaged in the implementation of a 300 MW WPP project in the Odessa region, the first phase of which will be 120 MW.
“We already have all the permits, in particular those related to land. Banks are supporting us, although they are taking a risk by supporting us. But we are all ready to work even under martial law,” he said.
According to Rissel, the company also signed some agreements on the project realization at this conference.
CONSTRUCTION, IFC, UKRAINE, wind power facilities
