About past, present and future of Ukraine

Search mobile

Main Business German company Notus Energy to build 300 MW wind farm in Odessa region

Business

German company Notus Energy to build 300 MW wind farm in Odessa region

795
German company Notus Energy to build 300 MW wind farm in Odessa region

Share this article

Notus Energy, a German company, is advancing a 300 MW wind energy project in the Odessa region, with the first phase set to deliver 120 MW, according to its Commercial Director, Knud Rissel.

"Despite the full-scale invasion, we have continued working on this project since spring 2022. We are now in the process of building a 300 MW wind farm, with the first 120 MW phase expected to come online soon. We have all the necessary permits, including those related to land. Banks are supporting us despite the risks, and we are ready to work even under martial law," Rissel stated during a thematic energy panel discussion at URC-24 in Berlin.

Rissel mentioned that the company signed certain agreements at the conference regarding the project's implementation. He anticipated that the first phase of the wind farm might not be operational by the coming winter, but the company is making every effort to expedite the project. He noted some logistical issues with equipment but assured that Notus is addressing them.

"We have short-, medium-, and long-term plans for working in Ukraine," Rissel confirmed.

In September 2023, NEC Ukrenergo, the Ministry of Environmental Protection and Natural Resources, the State Agency of Ukraine on Exclusion Zone Management, and Notus energy Invest Ukraine GmbH signed a Memorandum of Cooperation for the development of renewable energy projects in the 30-kilometer zone of the Chornobyl NPP.

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...