Business news from Ukraine

Business news from Ukraine

Europe’s largest wind turbine begins operation in Montenegro

According to Serbian Economist, Montenegro’s state-owned energy company Elektroprivreda Crne Gore (EPCG) has announced the installation of Europe’s largest wind turbine at the Gvozd wind farm, which is currently under construction, marking the project’s transition to its final phase, Montenegrin media reported, citing a statement from the company.

According to EPCG, the first 7 MW wind turbine with a tower height of about 120 m and blades 85 m long has been successfully installed at the Gvozd wind farm site. The company specified that upon completion of pre-installation work and equipment delivery in the coming weeks, the accelerated installation of the remaining units will begin, followed by trial operation and final technical testing of the entire complex.

EPCG notes that the Gvoz wind farm should significantly improve the stability and reliability of Montenegro’s energy system, increase the share of renewable sources in the generation structure and further strengthen the country’s position as one of the regional leaders in green energy transformation. The project is being implemented in accordance with European technical, environmental and safety standards.

EPCG Chairman of the Board Milutin Djukanovic said that the installation of the largest wind turbine in Europe confirms Montenegro’s ability to implement projects comparable in scale and technology to the most advanced energy systems in the EU.

EPCG previously reported that upon completion, the Gvozde wind farm will generate approximately 150 GWh of electricity per year, which will cover the consumption of about 25,000 households without the use of subsidies from the state budget.

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TAD plans to invest €20 mln next year to expand its fleet of wind turbine transport vehicles in Ukraine

Oversized cargo transportation company TAD plans to invest €20 million next year in expanding its fleet of wind turbine transport equipment in Ukraine due to increased demand for such services, according to the company’s founder and CEO Vitaliy Melnyk.

“I believe in Ukraine’s wind potential. There are a lot of requests for the transportation of wind equipment, and activity has been very high, especially in the last year or two. We are growing. Next year, we plan to invest EUR 20 million in expanding our fleet of equipment specifically designed for transporting large wind turbines,” he said during the Ukrainian Wind Energy Forum 2025 organized by the Ukrainian Wind Energy Association, which is being held in Lviv on Tuesday.

As Melnik explained, many wind projects were halted with the start of the war precisely because foreign partners refused to install and deliver turbines to Ukraine due to military risks. Therefore, such services began to actively develop within the country.

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FUHRLANDER STUDYING ORGANIZATION OF WIND TURBINE PRODUCTION IN KRAMATORSK, DONETSK REGION

Fuhrlander Windtechnology LLC (Kramatorsk, Donetsk region) is studying the organization of production of blades for wind turbines in Kramatorsk, Deputy Director for Commercial Issues of Fuhrlander Windtechnology Yuriy Shevchenko told reporters during his visit to Kramatorsk organized by Ecoaction and Germanwatch on March 22. “Yesterday, with investors and engineers from Germany we discussed the issue of production of blade. They looked where and how it can be done. The blades are that expensive components of wind turbines, which are not produced in Ukraine,” he said.
Shevchenko said that the cost of organizing this production is from EUR 6 million to EUR 50 million, depending on the output volume and other factors.
Today towers, nacelles and hubs made in Ukraine are used in Fuhrlander Windtechnology’s wind turbines. The largest components that are imported are blades, bearings, generators and gear boxes.
Fuhrlander Windtechnology is the only manufacturer of modern wind power plants in Ukraine. It is engaged in construction of wind farms. The company produces goods on the site in Kramatorsk.
Since 2010 to the present, Furlender Windtechnology has built (equipped with its turbines) Novoazovsky, Ochakivsky, Kerch, Krasnodonsky and Lutuhynsky wind farms. The company also built a wind farm Ereymentau (Kazakhstan). The beneficiaries of Fuhrlander Windtechnology LLC are the co-owner of the ISD corporation Oleh Mkrtchan and the Verkhovna Rada deputy Maksym Yefymov (the Petro Poroshenko Bloc parliamentary faction).

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