DTEK Group, a private investor in Ukraine's energy sector, and Schneider Electric have announced a memorandum of understanding to bring smart infrastructure, grid modernization, digitization, and industry solutions to Ukraine.
The partnership highlights a comprehensive framework for close cooperation to identify and implement projects to enhance energy efficiency, ensure reliability of supply, and promote sustainable energy use across Ukraine.
The parties will focus on cooperation in the following areas:
· Collaborative initiatives and information sharing identifying, applying, and promoting effective measures and solutions to implement pilot projects in the energy sector.
· Meeting DTEK’s immediate needs to fast-track restoration and maximize DTEK’s energy generation capabilities.
· Developing and implementing battery storage assets, in and outside Ukraine, to create a more dispersed and resilient energy grid.
· Modernizing Ukraine’s electricity grid to enhance reliability of supply, minimize energy losses and create a more flexible, future-proof network.
· Developing and implementing pilot/demo projects to test innovative solutions with the ultimate aim of creating a more energy efficient energy sector.
· Identifying potential project financing solutions alongside European export credit agencies (ECAs) and other international financial institutions.
