DTEK Group Highlights: 16th January – 7th February, 2025

• WEF annual meeting in Davos: DTEK announces major investments to Ukrainian energy sector

During this year’s Annual Meeting, DTEK held a Media Briefing on 22nd January, announcing €450 million investment to expand the Tyligulska Wind Power Plant in the South of Ukraine in partnership with Vestas, the world’s leading wind turbine manufacturer.

DTEK CEO Maxim Timchenko on his LinkedIn:

"We deepened our partnership with Vestas, we announced Ukraine’s biggest ever private-sector energy investment. The expanded Tyligulska wind park will supply clean, resilient energy to almost 1 million homes within two years."

As part of its active participation in the WEF Annual Meeting, DTEK also hosted a side event on 21st January focused on Ukraine’s energy sector in a form of a breakfast discussion titled “Green financing for Ukraine: partners and sources?”. The event explored ways for Ukrainian companies to attract green financing and highlighted the private sector’s role in driving Ukraine’s green transition.

DTEK has also held a series of high-level bilateral meetings with government officials and business leaders to discuss the recovery of Ukraine's energy sector and explore opportunities for collaboration. These meetings included discussions with Andrej Plenković (Prime Minister of Croatia), Dorin Recean (Prime Minister of Moldova), Dan Jørgensen (EU Commissioner of Energy and Housing).

DRI, the EU renewables arm of DTEK, announced it will develop a second wind farm in Croatia, the third project in the country.

The wind farm will have a capacity of 120MW and an estimated annual production of 349GWh. DRI received preliminary access point to the grid from HOPS, the national Transmission System Operator (TSO) in November 2024 and filed for the energy approval to the Ministry of Economy of Croatia at the end of last year. DRI expects to start construction in 2027. 

• Featured in international media

AFP: War is speeding ukraine's green energy shift

POLITICO: Ukraine gets wind in its sails

Reuters: Ukraine energy firm DTEK plans $470 million wind farm expansion

Nikkei: Ukraine Invests in wind power to restore in wartime

FAZ: Green electricity for Ukraine

Montel: Cyberattacks on Ukraine energy system gain momentum