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“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 ...

...l choice to a critical national security strategy. DTEK has announced a landmark €450 million euro investment in wind energy, purchasing 64 turbines from Danish company Vestas to expand the Tyligulska wind farm on the Black Sea coast. This strategic expansion aims to create 500 megawatts of capacity by 2026, potentially powering approximately...

Largest private-sector investment in Ukraine since russia's full-scale invasion World's first windfarm built during war expanding from 114 MW to 500 MW Tyligulska will be Eastern Europe's largest windfarm built in a decade DTEK raising €370 million in loans, backed by Denmark's export credit agency Windfarm will generate...

The world’s only wind farm being built in a major conflict zone has officially opened, DTEK, Ukraine’s largest private energy company, said on Monday. Phase I of the Tyligulska Wind Power Plant (WPP), which lies just 60 miles (100 km) from the frontline in the Southern region of Mykolaiv is already generating green power. The plant’s...

...tem is one of Europe’s largest investment opportunities. But none of it happens without bold partnerships and innovative ways to share risk. We shared real examples on the ground. One is the Tyligulska Wind Power Plant, where Denmark’s export credit agency, EIFO, provided guarantees that enabled Danske Bank to offer debt financing and...

...em, DTEK CSO Jeff Oatham showcased how ambition can be turned into bankable projects even in one of the most high-risk environments in the world. He highlighted DTEK’s flagship projects: - Tyligulska wind farm – built in wartime through international partnership and financing support from   EIFO and the government of Denmark. -...

Denmark's Minister of Business, Industry and Financial Affairs Morten Bødskov and a delegation from the country have visited DTEK’s Tyligulska Wind Power Plant in Mykolaiv region to witness the construction of Ukraine’s largest windfarm, which is using turbines from Danish manufacturer Vestas. Alongside Minister Bødskov, the...

...ssian Iskander missile can destroy a coal-fired power plant… russia would need at least 50 missiles to destroy the same capacity spread over a wind farm,” Timchenko noted. DTEK's Tyligulska wind farm is a proof of this vision. Built during the war less than 100 km from the front line, its first phase was completed in early 2023,...

...pe’s energy future: insights from DTEK CEO Maxim Timchenko. In his latest LinkedIn blog, CEO Maxim Timchenko reflects on a significant achievement: the first nacelle for phase two of the Tyligulska Wind Power Plant was completed in Denmark. This milestone not only highlights Ukraine's resilience in the face of adversity but also underscores...

...nounces 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...

DTEK’s plans to quadruple the size of its Tyligulska wind farm in Ukraine has featured in POLITICO’s Global Playbook newsletter. Announced at the annual meeting of the World Economic Forum at Davos, the project involves an investment of €45...

... of operating projects, construction projects and others in various stages of development.   The news follows the announcement earlier this week that DTEK will quadruple the size of its Tyligulska windfarm project in Ukraine. That project will expand to a 500 MW capacity, enough to power 900,000 households. The €450 million...

...0 people to provide light and warmth to millions in Ukraine under the most challenging of circumstances. They also noted the efforts the company is making to decarbonise, such as the construction of Tyligulska , which will be a 500 MW wind farm entirely build during war conditions, as well as the company’s drive to support the green transition in...

...al partnership with communities in the Mykolaiv region of Ukraine. The company is driving sustainable development and empowering local residents through four projects. Prior to constructing its Tyligulska wind farm , DTEK Renewables collaborated with the Mykolaiv Regional Council and Mykolaiv Regional State Administration to sign a Memorandum of...