“Positive news from war-torn Ukraine is rare. Now, however, the energy company DTEK has announced a major investment that gives hope: the Tyligulska wind farm is to be expanded within two years for around €450 million.” German news outlet Frankfurter Allgemeine Zeitung (FAZ) reports on DTEK’s news, announced at Davos, that it is to partner again with Vestas to quadruple the size of one of its Ukrainian wind farms, creating the largest renewable energy project in Eastern Europe.
The article quotes Vestas President and CEO Henrik Andersen: “Andersen said the deal was a success of intensive cooperation between the two companies. Again and again, russian attacks have put new question marks on the project […] However, the roadmap could now be seen as a kind of blueprint for private investment in Ukraine. The green electricity gives ‘light in the middle of the darkness,’ he said.”
The piece also quotes former U.S. Ambassador to NATO Kurt Volker, a leading voice on U.S. foreign and national security policy: “The former diplomat advises investors and DTEK on joint projects. He also considers wind farms to be clever for Ukraine from a strategic point of view. ‘A decentralized energy supply through wind farms is much more difficult for Russia to attack than a single power plant,’ says Volker.”
Read the full article on the FAZ website (German language).
