According to Ukrhydroenergo’s press service, the project involves the installation of battery energy storage systems at four of the company’s generation sites. The initiative aims to improve operational performance and expand the range of ancillary services provided to the electricity market.
The planned capacity includes 35.9 MW of solar power and 197 MW of battery storage.
The additional financing project is being implemented as part of a joint initiative between Ukrhydroenergo and the World Bank to restructure and reallocate loan funds.
Ukrhydroenergo CEO Ihor Syrota emphasized that the company’s cooperation with the World Bank has spanned nearly 30 years. Over this period, several projects have been implemented with the Bank’s financial support, focusing on equipment modernization, improved operational efficiency, and extended service life of hydro and pumped storage power plants.
