Business news from Ukraine

Business news from Ukraine

“DTEK RES” received positive review for construction of 650 MW Poltava Wind Power Plant

“DTEK RES received positive feedback from the architectural and town-planning council under the Department of building, town planning and architecture, housing and communal services and energy of Poltava OVA regarding the detailed territory plan (DPT) for construction, operation and maintenance of Poltava Wind Power Plant with an estimated design capacity of 650 MW.

“Also, the DPT was agreed at public hearings of Globinsky city territorial society, and approved at the session of Globinsky city council”, – reported on the website of DTEK.

As informed in the energy holding, according to the results of the developed and approved DPT at the session of Globinsky city council on April 25, 2024, decisions were made to lease to “DTEK Poltava VES” the first land plots of communal property in the amount of 120 pcs. with an approximate area of 205 hectares.

The company, together with Globinsky City Council, has already agreed and signed land lease agreements and carried out state registration of the lease right in the State Register of Rights to Immovable Property (DRRP).

In addition, a package of documents has been submitted to NEC Ukrenergo to obtain technical conditions for connecting 650 MW of generating capacity to the national operator’s network.

“We are confidently moving forward to the realization of the Poltava WPP project. Approval of the DPT is the next stage, which is necessary to extend the wind farm development and to obtain investments in the project. Among other things, ornithological studies and wind monitoring are being conducted now,” DTEK RES Deputy General Director Oleg Solovey is quoted on the website.

As reported, the net loss of DTEK RENEWABLES BV last year amounted to UAH 0.547 billion, which is 29 times less than in 2022 (UAH 15.841 billion).

“DTEK RES plans to continue its activities in accordance with its current plans and long-term strategy until 2030. The group plans to develop projects in the Poltava region (650 MW) and in southern Ukraine (up to 650 MW) over the next five years.

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