Queensland Hydro picks contractors for 2-GW pumped storage project
Sep 18, 2024 6:05 CESTUkrainian private energy group DTEK plans to install a series of energy storage systems across Ukraine with a total capacity of 200 MW, investing EUR 140 million (USD 154.6m) in the project.
The facilities are aimed at bolstering Ukraine’s energy security and should become operational no later than September 2025, DTEK said on Thursday.
The storage systems will be used by Ukrainian state-owed grid operator Ukrenergo. DTEK agreed to provide ancillary services to the state-owned firm after winning an auction in August.
"Despite the war and limited access to foreign capital markets, we continue to invest in Ukraine – not only to restore destroyed infrastructure, but also to build new facilities in line with our long-term strategy,” DTEK CEO Maxim Timchenko commented in the statement.
The latest initiative comes after the Ukrainian energy group acquired in July a 133-MW/532-MWh battery energy storage system (BESS) project in Poland from local developer Columbus Energy.
(EUR 1 = USD 1.104)
Queensland Hydro picks contractors for 2-GW pumped storage project
Sep 18, 2024 6:05 CESTEku Energy commissions 40-MW battery site in England
Sep 18, 2024 5:37 CESTArevon closes financing for 251-MW solar project in Indiana
Sep 17, 2024 16:39 CESTIndia launches 500-MW offshore wind tender off Gujarat's coast
Sep 17, 2024 16:07 CESTThrive buys rights to CfD-backed wind project in South Wales
Sep 17, 2024 15:34 CESTRepsol hit with lawsuit over Hecate Energy deal in US - report
Sep 17, 2024 15:29 CEST