Ukraine’s DTEK Group buys 133MW Polish battery project

March 28, 2024

Ukraine-headquartered energy investor DTEK Group has entered the Polish renewables market with the acquisition of the “largest battery storage project in Poland”, a 133MW facility in the south of the country.

DTEK subsidiary DRI has signed a final binding share purchase agreement with Poland’s Columbus Energy that will give it the right to build the facility, subject to permitting approvals.

Maxim Timchenko, CEO of DTEK Group, said: “Today’s signing marks an exciting moment in Europe’s aspirations to move beyond fossil fuels. This project will not only provide vital flexibility in Poland’s journey to a renewable future but will be an important test case for Central and Eastern Europe in demonstrating how battery storage can be deployed successfully. DTEK’s investment in the country is a crucial step towards the integration of Ukraine and Poland’s energy systems.”