DTEK preps to build 100-MW Vestas-powered wind farm in Ukraine

14/12/2018 09:12 Wind

news

Ukrainian renewables company DTEK RES has entered into an agreement with Denmark’s Vestas Wind Systems in connection with the construction of a 100-MW wind park.

DTEK said in a statement on Wednesday that Vestas will supply 26 wind turbines of 3.8 MW each for a project in Zaporizhia Oblast. The developer noted that preparatory work has been finalised and the start of construction is scheduled for next month.

 

The EUR-135-million (USD 153m) wind park should be up and running by the end of 2019, at which point it will be able to generate some 380 million kWh of electricity per year.

 

This project is expected to expand DTEK’s wind portfolio to 500 MW by the end of next year. The company intends to grow its overall renewables portfolio to 1 GW in 2019, according to DTEK CEO Maxim Timchenko.

Source: renewablesnow.com

Daily (14.02.2019): Oil prices climbed by 1.8% on Wednesday, as Saudi Arabia plans to reduce crude exports and production

14/02/2019 12:16:00

Oil prices were bullish on Wednesday, after Saudi Arabia announced its plans to reduce crude exports and production. At the same time, rising U.S. crude inventories might still put pressure on the market. As a result, Brent crude increased by 1.9% to 63.61 USD/bbl. WTI crude rose by 1.5% to 53.90 USD/bbl.

<READ MORE

European consortium to buy 80% of Veja Mate offshore wind park

14/02/2019 10:10:00

A consortium led by asset manager Commerz Real AG and IKEA franchisee Ingka Group will acquire an 80% stake in the 402-MW Veja Mate offshore wind park in the German North Sea.

READ MORE

Over 500 Agreements to be Signed at Russian Investment Forum

14/02/2019 09:55:00

Over 500 agreements worth a total of 800 billion roubles are expected to be signed at the Russian Investment Forum 2019. This preliminary estimate is based on the information from the Forum participants and from open sources.

READ MORE