Danish wind turbine manufacturer Vestas has agreed in principle to work with Ukrainian renewable energy provider DTEK to develop the second phase of Ukraine's largest wind power project.
The phase is meant to add 384 MW of capacity to the Tyligulska Wind Power Plant, in the southern Ukrainian region of Mykolaiv, bringing the total to 498 MW with 83 V162-6.2 MW wind turbines, Vestas said in a press release.
DTEK, owned by Ukraine's richest man, Rinat Leonidovych Akhmetov, said on X that the wind power project will eventually be the largest in Eastern Europe and will cost a total of €650 million.
"This project is expected to generate 1.7 TWh of electricity annually, enough for 900,000 households, and save 1.7 million tons of CO2 emissions," the company said. "DTEK is poised to commence construction in Q2 2024, targeting completion by the end of 2025. Investments for phase two amount to 450 million euros."
Phase 2 of the project was first announced in 2021 but was suspended after the full-scale Russian invasion in February of last year. Phase 1 started operating in May of this year.
Vestas warned that its signing of the memorandum to complete Phase 2 is not binding. "If and when the agreement translates into a firm and unconditional order, Vestas will disclose this in accordance with the company’s disclosure policy," the company said.
