Ukrainian energy company DTEK and Octopus Energy Group plan to finance 100 local energy projects with a total volume of €100 million over the next three years, the companies announced. As part of the Resilient Independent Solar Energy Initiative (RISE), solar panels and battery storage systems will be provided to stabilise the power grid, reduce electricity costs for customers and protect them from power outages and price increases. According to the companies, RISE is the first programme of its kind in Ukraine.
The solar and battery systems will be installed directly at customers’ premises by D.Solutions, DTEK’s company specialising in energy supply and energy efficiency services for consumers. The systems use Octopus Energy’s Kraken operating system, which enables companies to optimise and manage their energy consumption in real time, reduce consumption during peak periods and sell surplus electricity back to the grid.
Maxim Timchenko, CEO of DTEK, said: »About 70 per cent of Ukraine’s thermal generation capacity has been damaged, destroyed or seized since the full-scale invasion. This has created not only an urgent need to rebuild but also an opportunity to accelerate the shift to a decentralised, renewable energy system. Thank you to Octopus Energy, the UK Government and British people for their unwavering support to Ukraine.«
© PHOTON
