POLITICO spotlights DTEK CEO Maxim Timchenko's vision for Ukraine's renewable energy future

DTEK Group and Danish wind manufacturer Vestas have joined forces for the second phase of constructing the nation's largest wind farm. The announcement, made at the Ukrainian Pavilion in Dubai on Monday, marks a crucial step towards the completion of a project situated a mere 100 kilometers from the frontline.

DTEK CEO Maxim Timchenko, quoted by POLITICO, expressed the profound significance of the project.

"This sends a signal to the world that you can build renewable projects, you can attract investments to Ukraine," remarked Timchenko.

He added that the overarching goal is for Ukraine to "become a green energy hub for Europe," envisioning Ukraine as the largest non-EU country supplying green energy to the European Union.
Amidst uncertainties, this collaboration stands as a testament to the resilience and determination of both DTEK and Vestas in advancing sustainable energy solutions on the global stage.

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About DTEK

DTEK Group is the largest private investor in the energy sector of Ukraine. The Group employs 55,000 people.

DTEK Group's companies are engaged in coal and natural gas mining, electricity production at wind, solar and thermal power plants, trade energy resources in the Ukrainian and international markets, distribute and supply electricity to consumers, provide energy-efficient services to customers, and develop a network of high-speed charging stations. In accordance with the Strategy 2030, DTEK strives to transform into a more energy-efficient, environmentally friendly and technological business, guided by ESG principles. DTEK is a member of the World Economic Forum’s Partnering Against Corruption Initiative (PACI). Our goal is to achieve carbon neutrality.

Since the beginning of the full-scale invasion, DTEK Group has restored power supply to more than nine million consumers in the regions affected by the hostilities. DTEK Group is 100% owned by SCM Limited. The ultimate beneficiary is Rinat Akhmetov.