Energo: German companies to boost Ukraine's renewable energy

German companies are set to play a pivotal role in enhancing Ukraine's renewable energy capacity as the country urgently seeks 5-6 GW of new generation. Notus Energy and Goldbeck Solar are spearheading significant wind and solar power projects to address this need.

At the Ukraine Recovery Conference (URC2024), a top manager from Notus Energy announced the implementation of a 300-MW wind farm project in the Odesa region. The initial phase will involve the construction of 120 MW of wind turbines. Although the first phase will not be completed this winter, the company is expediting efforts to launch the project as soon as possible.

Goldbeck Solar, another prominent German company, plans to build up to 500 MW of new solar generation in Ukraine over the next three to five years. This ambitious project will be executed in partnership with the European Bank for Reconstruction and Development (EBRD) through the joint venture Goldbeck Solar Investment Ukraine GmbH.