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DTEK to build one of Europe's largest energy storage facilities, company announces

Summary by The Kyiv Independent
Ukraine's largest private energy company DTEK secured a $72-million loan to build one of the largest battery energy storage complexes in Eastern Europe, the company said on June 3.Ukraine’s second most profitable bank, state-owned Oschadbank, state-owned Ukrgasbank, and PUMB will provide the funding for the project, which includes six energy storage installations across the country, totaling 200 megawatts to power 600,000 households. Battery ene…

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DTEK has agreed with a consortium of Ukrainian banks led by “Sberbank” on a record loan for a project of modern energy storage systems in Ukraine.

DTEK plans to build one of the most powerful energy storage complexes. Photo: DTEK The energy company DTEK received about 3 billion hryvnias in a loan from Ukrainian banks for the construction of a large energy storage complex. The company noted that this is the largest internal loan in the company's history. The project involves the installation of five power plants with a total capacity of 180 MW. In total, the company plans to build six such …

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The Kyiv Independent broke the news in Kyiv, Ukraine on Monday, June 2, 2025.
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