DTEK, Ukraine’s largest private energy company, and Octopus Energy Group have announced Rise – a new initiative to deliver rooftop solar and battery storage systems to Ukrainian businesses and public sector institutions.

Rise, which stands for ‘resilient independent solar energy’, aims to raise €100m to finance 100 on-site energy projects over the next three years. This initiative will help stabilise the grid, lower electricity costs for customers and protect them against outages and price hikes.

The solar and battery systems will be installed directly on customer premises by D Solutions, DTEK’s business specialising in consumer energy supply and energy efficiency services, under its retail brand, Yasno.

Maxim Timchenko, DTEK CEO, said: “About 70 per cent of Ukraine’s thermal generation capacity has been damaged, destroyed or seized since the full-scale invasion. This has created not only an urgent need to rebuild but also an opportunity to accelerate the shift to a decentralised, renewable energy system. This partnership with Octopus Energy combines the strength of two national energy champions and is a step towards that future. By combining investment, technology and international support, we can help Ukrainian businesses and communities take control of their energy needs and lay the foundation for lasting energy independence. We are especially grateful to the UK Government and British people for their unwavering support for Ukraine.”

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