The Danish company for the production of wind turbines Vestas and the Ukrainian company DTEK Renewables have signed a contract for the construction of phase one of DTEK Tiligulska wind power plant (Nikolaev region) with a capacity of 126 MW.

According to DTEK press office, the financing for the first stage will be drawn from funds raised by DTEK Renewables Finance BV’s green bonds issued in 2019 for an amount of EUR 325 million and with maturity of five years.

When, in 2019, the first green eurobonds of DTEK Renewables were listed on the European stock exchange, we, as a company, took responsibility for implementing projects in Ukraine […] In fact, this is our message to the world: green energy in Ukraine has a future.

Maris Kunickis, CEO of DTEK Renewables

According to Kunickis, DTEK Group will continue to in clean and affordable energy and develop the renewable energy industry in Ukraine and hopes that the crisis related to non-payments for the renewable energy sector will be resolved soon, and the State policy regarding renewable energy will become understandable and predictable.

President of Vestas Northern & Central Europe Nils de Baar said that the Tiligulska WPP was the first order for the company’s EnVentus platform in Eastern Europe.

We applaud the ambition of the Tiligulska project, and the confidence shown by DTEK in our technology as we continue to lower the cost of clean, renewable wind energy with the EnVentus platform.

Nils de Baar, President of Vestas Northern & Central Europe

According to the document, DTEK Tiligulskaya WPP will be equipped with innovative onshore wind turbines Vestas, suitable for low to medium wind speeds, the industrial production of which was launched early 2021. A total of 21 wind turbines with a capacity of 6 MW each will be installed at the wind farm. This model is the largest onshore wind turbine in the Vestas portfolio in terms of rotor size, spanning 162 meters from tip to tip, and its performance is a quarter higher than previous models.

According to DTEK’s calculations, the phase one of the 126 MW wind farm will help reduce CO2 emissions by 504,000 tonnes per year. The scalability of the Tiligulska wind power plant will also allow it to increase installed capacity to 564 MW, if required.

Source: UkraineOpen4Business