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DTEK selects Fluence to deliver 200 MW advanced energy storage systems in Ukraine
FLNCFluence Energy(FLNC) GlobeNewswire News Room·2025-01-13 07:00

Core Insights - DTEK, Ukraine's largest private energy company, has partnered with Fluence Energy to develop Ukraine's first large-scale battery-based energy storage portfolio, enhancing energy independence and stabilizing power supply [1][4][9] - The project aims to be completed by October 2025, ensuring readiness before the winter season to strengthen the Ukrainian power grid against outages [2][9] - The total investment for the project is €140 million, with a total capacity of 200 MW across six energy storage plants, capable of storing up to 400 MWh of electricity [3][9] Company Overview - DTEK is the largest private investor in Ukraine's energy sector, employing 55,000 people and involved in various energy-related activities, including coal and natural gas mining, electricity production, and energy-efficient services [10][11] - DTEK's strategy includes transforming into a more energy-efficient and environmentally friendly business, guided by ESG principles, with a goal of achieving carbon neutrality [11][12] Project Details - The energy storage plants will be located at multiple sites across Ukraine, with capacities ranging from 20 MW to 50 MW, providing enough energy to supply power for 600,000 homes for two hours [3][9] - The battery systems will offer frequency and power balancing services to stabilize the power grid, responding within milliseconds, which is faster than conventional power plants [4][5] Technological Impact - The project will position Ukraine among global leaders in energy storage technology, with advanced grid-forming capabilities that enhance stability and enable faster restoration of power after outages [5][6] - Fluence has a proven track record, having delivered over 35 GWh of energy storage solutions and extensive experience in integrating these assets into national energy infrastructures [6][9]