This article contains
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Energy & Renewable Energies
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Social infrastructure
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Health infrastructure
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Solar energy projects
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Energy storage and hydrogen projects
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Conclusion on progress in the implementation of infrastructure projects
1. Energy & Renewable Energies
DTEK, the largest private energy company in Ukraine, is planning to expand its wind farm near the Black Sea. With an investment of 450 million euros, the capacity is to be increased from 114 MW to 500 MW, which would supply enough electricity for 900,000 households. This project represents the largest private investment in the energy sector since the Russian invasion.
Project overview
- Location: Mykolaiv region, around 400 km south of Kiev and 85 km from the border with Moldova.
- First phase: In May 2023, the first phase with a capacity of 114 MW and 19 Vestas EnVentus V162-6.0 MW wind turbines was put into operation.
- Second phase (planned): The second phase comprises 64 additional wind turbines, also from Vestas, and is scheduled for completion by the end of 2026.
- Financing: DTEK has received EUR 370 million in loans from international banks, which are guaranteed by the Export Investment Fund of Denmark (EIFO). The remaining funds are raised by DTEK itself.
- Annual electricity production: After completion of the second phase, the wind farm is expected to generate 1.7 TWh of electricity per year, which is equivalent to the energy requirements of 900,000 households.
- CO₂ savings: The project is expected to avoid 1.7 million tons of CO₂ emissions per year.
Significance of the project
This project represents not only the largest private investment in the Ukrainian energy sector since the beginning of the war, but also the largest private investment in the country's history. It is a significant signal of resilience and confidence in the Ukrainian economy and infrastructure. The project supports DTEK's long-term strategy of carbon neutrality and integration into the European energy market.
Despite the challenges of the ongoing conflict, the project demonstrates Ukraine's determination and commitment to strengthening its energy security and building a sustainable future.
Wind farm in the Volhynia region (Volyn)
Galnaftogaz is planning to build a wind farm with a capacity of 147 MW in the Volhynia region with the support of the European Bank for Reconstruction and Development (EBRD). The EBRD is providing a long-term loan of EUR 62 million to finance this project, which is expected to generate around 380 GWh of green electricity annually.
The planned wind farm project in the Volhynia region (Volyn) is an important step towards strengthening Ukraine's energy infrastructure following the destruction caused by Russian aggression.
Project overview: Wind farm in Volhynia
- Capacity: 147 MW
- Annual electricity production: Around 380 GWh of renewable, CO₂-free energy
- CO₂ savings: Approximately 245,000 tons per year
- Project costs: Estimated 225 million euros
- Financing: A long-term loan of EUR 62 million was provided by the European Bank for Reconstruction and Development (EBRD).
- Start of construction: fall 2024
- Project sponsor: Wind Power GSI Volyn LLC and Wind Power GSI Volyn 3 LLC, subsidiaries of the GNG Group (known by the OKKO brand)
- Objective: Diversification of Galnaftogaz's business model into the field of renewable energies
- Significance: First private wind power project in the Ukrainian energy sector to be realized with the support of international financial institutions since the beginning of the war.
International support
- Financing partners: EBRD, International Finance Corporation (IFC), Black Sea Trade and Development Bank (BSTDB)
- Support from: European Union, United Kingdom, Climate Fund of the Climate Investment Funds (CIF)
- Guarantee program: EU Ukraine Investment Framework Hi-Bar Program, which serves as a protection mechanism against war-related risks
Significance for Ukraine
This wind farm project represents an important contribution to Ukraine's energy security, particularly in view of the considerable destruction to the energy infrastructure caused by the war. It promotes the use of renewable energy, supports decarbonization and strengthens the role of the private sector in the country's energy sector.
2. Health infrastructure
Nadija Children's Hospital & Research Institute
The Nadija Hospital is specifically designed for the medical rehabilitation of children who have been physically or psychologically damaged by the war. It is intended to serve as a model for future PPPs in the social sector and includes long-term service agreements that combine private expertise with public responsibility. The project also includes training Ukrainian medical professionals, reviewing public tariffs and ensuring an efficient patient referral system to increase access for socially disadvantaged groups.
The Nadija Children's Hospital & Research Institute is a major private investment project in the field of social and health infrastructure in Ukraine. It aims to provide comprehensive medical care and rehabilitation to children who have been traumatized by the war.
Project overview
The project follows a three-stage approach:
- Virtual hospital (Stage 1): Providing online mental health services for Ukrainian children and families. The platform is expected to launch in the third quarter of 2025 and will reach around 1.5 million children.
- Research Institute (Stage 2): A center of excellence in Lviv focusing on trauma, rehabilitation and the impact of conflict on children's health. A first symposium took place in October 2024, with an official opening in 2025.
- Physical hospital (Stage 3): Planned for construction by 2027 at the Danylo Halytsky National Medical University in Lviv. It will provide specialized inpatient care, trauma surgery and other important services.
Financing and partnerships
The target for the first phase is 10 million euros, which is to be raised by private investors, companies and foundations from the Nordic countries. Funding will be provided in the form of "tickets" worth 150,000 euros each, although it is possible to bundle several tickets together.
The project is the first public-private partnership (PPP) model in the healthcare sector in Ukraine and is being implemented in cooperation with the Ministry of Health of Ukraine and the World Bank Group. The International Finance Corporation (IFC) is supporting the preparation and implementation of the project.
Target groups and impact
The target groups are in particular children who have been physically or psychologically damaged by the war. The project aims to reach over 1.5 million affected children and have a long-term positive impact on the mental health of children in Ukraine and beyond.
Vision and long-term perspective
In the long term, the Nadija project is intended to serve as a model for the treatment of war trauma not only in Ukraine, but also in other conflict areas. By integrating telemedicine, evidence-based treatment methods and international cooperation, the aim is to achieve a sustainable improvement in healthcare for children.
3. Social infrastructure
EIB reconstruction program: 55 million euros for social infrastructure
In 2024, the European Investment Bank (EIB) provided EUR 55 million for the reconstruction of social infrastructure in Ukraine. These funds went to 151 projects, including schools, kindergartens, hospitals, social housing and heating and water networks in various oblasts such as Vinnytsia, Dnipropetrovsk, Zhytomyr, Kyiv, Mykolaiv, Odessa, Poltava, Sumy, Kharkiv, Cherkasy and Chernihiv. One example is the modernization of the pressure collector in Zhmerynka, Vinnytsia oblast, which ensures reliable wastewater disposal for over 33,000 people.
Reconstruction of social infrastructure in the Odessa region
In 2023, the EIB and UNDP reconstruction program provided 1.5 billion euros for the restoration of social infrastructure in the Odessa region. Thirteen projects were planned, including the reconstruction of hospitals, schools and kindergartens as well as the construction of accommodation for internally displaced persons. Some of these projects are already in the active phase of reconstruction.
These projects illustrate the commitment of international partners and the Ukrainian government to the reconstruction and modernization of social infrastructure and healthcare in Ukraine. They offer numerous opportunities for investment and partnerships in a dynamically developing environment.
4. Solar energy projects
Rooftop solar systems (industry)
In the first half of 2024, 200 MW of rooftop solar systems were installed in Ukraine to cover the country's own requirements. These systems correspond to around a fifth of the output of a nuclear reactor. Companies are planning to build up to 800 MW of industrial wind farms, and farms in western Ukraine are installing small wind turbines to achieve energy self-sufficiency and sell surplus electricity.
Solar projects with the EBRD
The EBRD has established a partnership with GOLDBECK SOLAR to develop up to 500 MWp of solar projects in Ukraine over the next three to five years. This is the first private energy project by a foreign investor to expand renewable capacity in Ukraine since the start of the conflict in February 2022.
In June 2024, the European Bank for Reconstruction and Development (EBRD) and GOLDBECK SOLAR Investment founded a joint venture called GOLDBECK SOLAR Investment Ukraine. This company plans to develop, finance, construct and operate up to 500 MWp of photovoltaic projects in Ukraine over the next three to five years. The first project is scheduled to start as early as fall 2024.
Background and meaning
This project is the first private energy project by a foreign investor to expand renewable capacity in Ukraine since the start of the conflict in February 2022. The EBRD is providing a long-term loan of EUR 62 million to finance this project, which is expected to generate around 380 GWh of green electricity annually.
The establishment of the joint venture was announced at the Ukraine Recovery Conference in Berlin and underlines the international community's commitment to the reconstruction and promotion of renewable energies in Ukraine.
Further support
In addition to the EBRD, DEG (Deutsche Investitions- und Entwicklungsgesellschaft) is providing a loan of EUR 5 million for the project. This loan is being granted as part of the ImpactConnect program, which was initiated and financed by the German Federal Ministry for Economic Cooperation and Development (BMZ).
Conclusion
The joint venture between the EBRD and GOLDBECK SOLAR Investment represents a significant step in the restoration and expansion of Ukraine's energy infrastructure. It not only promotes the use of renewable energies, but also strengthens the country's energy independence and resilience.
5. Energy storage and hydrogen projects
DTEK energy storage
DTEK is investing 140 million euros in energy storage systems and plans to build 200 MW of storage capacity in Ukraine. This investment is intended to contribute to the creation of a secure and green energy system. DTEK, the largest private energy company in Ukraine, is investing 140 million euros in the expansion of 200 MW of energy storage capacity. This investment represents the largest private energy storage project in Ukraine to date and aims to stabilize the country's energy supply and promote the integration of renewable energies.
Project details
- Total investment: 140 million euros
- Capacity: 200 MW
- Storage capacity: 400 MWh
- Locations: Six energy storage facilities in different regions of Ukraine
- Capacity per plant: 20 to 50 MW
- Commissioning: By October 2025 at the latest
- Objective: Provision of frequency control and grid stabilization services for the Ukrainian transmission system operator Ukrenergo
- Partner: Fluence Energy B.V., a leading provider of energy storage solutions
- Project objective: Strengthening Ukraine's energy independence and security
Significance of the project
This project is a decisive step towards creating a decentralized and resilient energy system in Ukraine. The energy storage facilities will make it possible to store surplus energy from renewable sources and feed it into the grid quickly when needed. This not only improves grid stability, but also helps to reduce CO₂ emissions and supports Ukraine on its path to integration into the European energy market.
Hydrogen project in Reni (Odessa Oblast)
Hydrogen of Ukraine and AB5 Consulting have initiated a project for the production of green hydrogen in Reni, Odessa region. The project includes the construction of solar and wind power plants for energy supply and is supported by a grant from the British Foreign Office. The total investment is estimated at 300 to 400 million euros.
These projects demonstrate Ukraine's commitment to the expansion of renewable energies and offer numerous opportunities for investors and partner organizations. The combination of government support, international partnerships and entrepreneurial initiative creates a promising environment for sustainable investment.
6. Conclusion on progress in the implementation of infrastructure projects in Ukraine (as of 2025)
Despite ongoing challenges, Ukraine is making remarkable progress in the reconstruction and implementation of infrastructure projects - particularly in the areas of social infrastructure, renewable energy, healthcare and municipal services.
Strengths and positive developments
International financing & partnerships
- Institutions such as the European Investment Bank (EIB), EBRD, UNDP, as well as bilateral partners (e.g. Germany, Canada, Denmark) provide targeted funding for hospitals, schools, energy and water infrastructure.
- Private investors (e.g. DTEK, GOLDBECK SOLAR) are also becoming increasingly involved in the renewable energy sector.
Project diversity and geographical distribution
- Projects are implemented not only in large cities, but also in many decentralized oblasts - e.g. Zhytomyr, Odessa, Poltava, Mykolaiv.
- Smaller towns in particular benefit from the reconstruction of social infrastructure (e.g. rehabilitation centers, sewage systems, schools).
Digitalization & energy self-sufficiency: Increasing investments in digital management, smart grids, rooftop solar and local wind power plants are promoting independence from centralized supply systems - an important security and resilience feature.
Challenges and obstacles
- Security situation: The volatile security situation in parts of the country (particularly in the eastern and southern regions) is slowing down or blocking planned infrastructure measures.
- Bureaucracy & project coordination: Despite progress in administrative digitization, there are still delays due to approval processes, ownership issues or a lack of municipal project capacities.
- Skills shortage & supply chains: The shortage of skilled workers and supply bottlenecks for building materials make it difficult to implement construction projects quickly and in a standardized manner, especially in large areas.
Outlook and potential
- Ukraine is increasingly positioning itself as a reform and investment location with a clear focus on sustainable, decentralized and digital infrastructure projects.
- The National Reconstruction Plan and sectoral roadmaps (e.g. for renewable energies, energy efficiency, social housing) provide a clear framework for investors and project sponsors.
- The planned EU accession acts as a strong incentive for harmonization with European standards, which should promote confidence and further investment in the long term.
Conclusion in one sentence:
Despite war and crises, Ukraine has started a dynamic and structured reconstruction process that focuses on international partnerships, decentralized implementation and sustainability - with further high investment potential.
