26 Mar 2024 19:17

Sweden contributes over 25 mln euros to Ukraine Energy Support Fund, intends to continue its assistance - energy ministerial meeting

MOSCOW. March 26 (Interfax) - Sweden has contributed 25.27 million euros to the Ukraine Energy Support Fund, Ukrainian media reported, citing the Ukrainian Energy Ministry.

"Part of the Swedish contribution has already been paid to provide the necessary assistance to the distribution system operators of Zaporozhye and Nikolayev, as well as for the needs of the transmission system operator," the Energy Ministry said in a statement following a meeting between Energy Minister German Galushchenko and Swedish Deputy Prime Minister and Minister of Energy, Business and Industry Ebba Busch.

In addition, around 8 million euros of the Swedish grant is intended to fund the implementation of decentralized renewable energy solutions, in particular, solar panels, batteries, microgrids, energy efficiency measures for social services and households.

Since March 2022, Ukraine has also received 97 shipments of energy equipment from Sweden with a total weight of over 1,126 tonnes, including 222 power generators, current and voltage transformers and other electricity and gas equipment for restoration efforts.