Business news from Ukraine

Business news from Ukraine

Nova Poshta develops its own energy sector – first 1 MW unit has been launched

6 May , 2025  

Nova Poshta, the leader in express delivery in Ukraine, has launched the first of seven gas-fired cogeneration gas piston units planned for installation by 2025.

“A new stage in the implementation of the energy independence program has begun: the first gas piston cogeneration unit with an electrical capacity of 1 MW has started operating at the company’s hub (Nova Poshta – IF-U) in western Ukraine. Six more CCGs are currently being installed and are expected to be commissioned this year, including in Kyiv,” Nova Poshta’s press service reported on Tuesday on Telegram.

The company’s CHP units will generate electricity and heat from natural gas.

According to the report, Nova Poshta has invested a total of UAH 300 million in energy independence and plans to invest another UAH 150 million in 2025. More than half of the total investment of UAH 450 million will go toward gas generation.

Earlier it was reported that Nova Poshta’s energy company (NOVA group) – Nova Energy – became an electricity trader after receiving a license from the NEURC.

Nova Poshta founded the energy company Nova Energy in April 2023 to develop regular electricity generation and ensure the autonomy of the company’s facilities in connection with Russia’s attacks on the energy system. Since August, the company has been engaged in small-scale wholesale sales of diesel fuel on the open market.

Co-owner of Nova Poshta Volodymyr Poperechnyuk announced plans to install industrial uninterruptible power supply systems and energy storage equipment to increase the efficiency of energy capacities.

He also stated that after the end of the war and the improvement of the energy supply situation, Nova Energy will be sold as a non-core business.

It was reported that Nova Poshta had installed a second solar power plant (SPP) at its terminal in Kyiv and plans to increase its capacity to 1.4 MW. Nova Poshta’s first 1 MW SPP was commissioned in January at the Kyiv Innovation Terminal, located on its roof.

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