DTEK Renewables and the Danish company for the production of wind turbines Vestas have signed a contract for the construction of phase one of DTEK Tiligulska wind power plant (Mykolaiv region) with a capacity of 126 MW.
According to a press release from DTEK, Financing for the first stage will be drawn from funds raised by DTEK Renewables Finance BV’s green bonds issued in 2019 for an amount of EUR 325 million and with maturity of five years.
“When, in 2019, the first green eurobonds of DTEK Renewables were listed on the European stock exchange, we, as a company, took responsibility for implementing projects in Ukraine… In fact, this is our message to the world: Green energy in Ukraine has a future,” DTEK Renewables CEO Maris Kunickis said.
According to him, DTEK will continue to in clean and affordable energy and develop the renewable energy industry in Ukraine and hopes that the crisis related to non-payments for the renewable energy sector will be resolved soon, and the state policy regarding renewable energy will become understandable and predictable.
President of Vestas Northern & Central Europe Nils de Baar said that the Tiligulska WPP was the first order for the company’s EnVentus platform in Eastern Europe.
“We applaud the ambition of the Tiligulska project, and the confidence shown by DTEK in our technology as we continue to lower the cost of clean, renewable wind energy with the EnVentus platform,” he said.
According to the document, DTEK Tiligulskaya WPP will be equipped with innovative onshore wind turbines Vestas, suitable for low to medium wind speeds, the industrial production of which was launched early 2021. A total of 21 wind turbines with a capacity of 6 MW each will be installed at the wind farm. This model is the largest onshore wind turbine in the Vestas portfolio in terms of rotor size, spanning 162 meters from tip to tip, and its performance is a quarter higher than previous models.
According to DTEK’s calculations, the operation of phase one of the 126 MW wind farm will help reduce CO2 emissions by 504,000 tonnes per year.
The scalability of the Tiligulska wind power plant will also allow it to increase installed capacity to 564 MW, if required.
The manufacturer of upholstered furniture Hjort Knudsen (Denmark) intends to invest EUR 11 million in the construction of an enterprise for production of designer furniture on the outskirts of Rivne as part of expanding its activities in Ukraine, the press service of Rivne Regional State Administration reports.
“Another powerful investor is entering Rivne region. The Danish sewing company Hjort Knudsen decided to create a branch in the region. The arrival of such an investor indicates attractive business conditions in the region, which will attract other donors,” head of the regional state administration Vitaliy Koval said during a meeting with Director of United Fashion Ukraine Steen Laursen.
The investor plans to build a production facility with an area of 40,000 square meters, create 1,000 jobs. The plans include the creation of a closed cycle production with the manufacture of value-added products.
The project was being prepared for about a year with the involvement of the regional state administration, the InvestInRivne agency.
Currently, Hjort Knudsen has four branches in Ukraine – the divisions of United Fashion Ukraine, namely in Lviv, Pochayiv (Ternopil region), Velyki Mosty and Brody (both in Lviv region). The enterprises produce traditional and designer sofas, club and office chairs, the assortment includes more than 200 fabric models and a wide range of leather upholstery.
DFU Agro LLC (Hrozyne, Zhytomyr region, belongs to Danish Berry Farm) has claimed a possible loss of $100,000-300,000 if the company loses its harvest over the land conflict with Gorodok-Agro LLC (Malyn, Zhytomyr region), DFU Agro Director Vadym Shestakov said at a press conference at Interfax-Ukraine on Tuesday. According to him, the company since 2014 has been processing 1,200 hectares of land in Zhytomyr region on the basis of an agreement with the village councils on the management of the heritage. In November 2018, Gorodok-Agro rented several parcels of land, including 250 hectares, which remained in the use of DFU Agro (until 2018, this was impossible due to legislation). DFU Agro sowed this land with winter rape and rye before it was rented to Gorodok-Agro in August-September-2018. Now Gorodok-Agro claims to harvests from this area.
“We offered the company a similar area (250 hectares) of cultivated land, but they, using an ultimatum, suggested that we sell the rest of our land in these territories. In May 2019, we appealed to the anti-raider committee. In June, most of the committee members expressed the opinion that Gorodok-Agro has no right to harvest, but has the right to compensation,” the director of DFU Agro said.
He said that DFU Agro agrees with the compensation, but it has not yet been possible to agree on the terms of compensation.
“Our losses, if the opponent takes our harvest, will amount to $100,000-300,000. We are ready to harvest the crop and transfer it to a third party for safekeeping,” Shestakov said.
DFU Agro LLC is controlled by the Danish company Berry Farm, which is the owner of Dan-Farm Ukraine LLC (Khalcha, Kyiv region), one of the largest pig breeding enterprises in Ukraine. The charter capital of DFU Agro is UAH 63.7 million.
