DTEK Group plans to start building 384 MW second stage of Tiligulskaya wind farm in 2024

MOSCOW. Dec 4 (Interfax) - DTEK Group and Danish wind turbine manufacturer Vestas have signed a memorandum of understanding to complete the construction of Tiligulskaya wind farm with total capacity of 500 megawatts.

Ukrainian media reported, quoting the DTEK website, that the memorandum was signed at the UN COP28 conference. It states that Vestas will supply wind turbines to Ukraine to build the second stage of the Tiligulskaya wind farm, which will consist of 64 wind turbines, capacity 6 MW each or 384 MW in total.

DTEK is ready to start building stage two in Q2 2024 and expects to complete it by the end of 2025. The installed wind turbines are expected to be connected to the grid gradually from the end of 2024. Investments in phase two amount to 450 million euros and will be financed by the company and leading banks under state guarantees. The total investment in the project will exceed 650 million euros.

The plant will be capable of generating about 1.7 TWh of electricity annually, enough for 900,000 households. It is expected the project will save 1.7 million tonnes of CO2.

DTEK said that the Tiligulskaya wind farm project was developed in accordance with the company's long-term strategy to achieve carbon neutrality and integration into the European Union's single energy market.

The press release quoted DTEK CEO Maxim Timchenko as saying the wind farm would significantly increase the stability of the Ukrainian energy system and help strengthen the country's energy security.

DTEK put the first stage of the Tiligulskaya wind power station, equipped with 19 with turbines with 114 MW capacity, into operation in the Nikolayev region in May 2023. The company also laid the foundation for installing another 64 wind turbines as part of the project's second stage.

The Tiligulskaya wind farm was initially expected to become operational in 2022, but the project was put on hold.

DTEK, Ukraine's biggest privately owned generating company, was founded in 2005 to manage the energy assets of Rinat Akhmetov's System Capital Management Group.