Ukraine’s largest private energy company, DTEK, has partnered with global clean energy technology firm Octopus Energy Group to launch RISE — a groundbreaking programme aimed at delivering rooftop solar and battery storage systems to Ukrainian businesses and public institutions.
Unveiled at Octopus Energy’s Tech Summit in London, RISE (Resilient Independent Solar Energy) represents the first initiative of its kind in Ukraine. The partnership combines DTEK’s local expertise with Octopus Energy’s advanced AI-powered platform, Kraken, to enhance energy resilience amid ongoing challenges faced by the country’s power infrastructure.
The programme aims to raise €100 million to finance 100 on-site renewable energy projects over the next three years. These installations will help stabilise the national grid, reduce electricity costs for consumers, and protect businesses and institutions from outages and volatile energy prices.
Under the initiative, DTEK’s subsidiary D.Solutions — operating under the retail brand YASNO — will install solar panels and battery systems directly on customer premises. These systems will be integrated with Kraken, Octopus Energy’s smart operating system, allowing customers to monitor and optimise their energy use in real time, reduce consumption during peak hours, and sell excess electricity back to the grid.
Maxim Timchenko, CEO of DTEK, highlighted the critical context for the project:
“Since the full-scale invasion, about 70% of Ukraine’s thermal generation capacity has been damaged, destroyed, or seized. This devastation presents both an urgent need to rebuild and a unique opportunity to accelerate the transition toward a decentralised, renewable energy system. Our partnership with Octopus Energy brings together two national energy leaders to support Ukraine’s path to energy independence. By combining investment, technology, and international backing, we aim to empower Ukrainian businesses and communities to take control of their energy future. We thank Octopus Energy, the UK Government, and the British people for their steadfast support.”
Greg Jackson, Founder and CEO of Octopus Energy Group, praised Ukraine’s resilience and the potential of the initiative:
“DTEK has shown remarkable agility in rebuilding its energy system amid unprecedented destruction. Their pioneering efforts to create a decentralised, renewable-powered grid align perfectly with Kraken’s capabilities. We are proud to collaborate with them to help Ukraine emerge stronger than ever.”
The commercial and industrial behind-the-meter (BTM) energy market in Ukraine remains largely underdeveloped, with an estimated annual potential of 300 megawatts, worth roughly €200 million. YASNO currently serves over 60,000 commercial and industrial customers and anticipates generating a project pipeline valued at around €30 million annually.
RISE marks a significant step in Ukraine’s energy transition, bringing together technology, investment, and international cooperation to build a more resilient and sustainable power sector.
