Nova Poshta is preparing to launch its own energy storage this summer facebook.com/Volodymyr.Popereshnyuk

Nova Poshta is preparing to launch its own energy storage this summer

Hanna Velyka

The company declares a goal to become energy independent by the end of 2025

Nova Energy, a subsidiary of Nova Poshta, plans to launch its first energy storage facility this summer.

This was announced by Nova Energy CEO Andriy Lytvynenko in an interview with Forbes Ukraine.

He said that some of the ordered equipment had already arrived in Ukraine last week. It will be installed in May. The top manager hopes that the equipment will start working in a few months, but does not rule out the impact of unforeseen events.

By the end of the year, Nova Energy plans to install three energy storage facilities with a capacity of 4.8 MWh. They will be integrated into a joint system with Nova Poshta's solar power plants, cogeneration units, and diesel generators.

Andriy Lytvynenko noted that after the installation of the watchdogs, it would make sense to increase the area of the company's SPPs.

“When the sun is shining the most, the surplus energy produced will be collected by the watchdog, and then we will take it away at the hours when electricity is most expensive,” he explained.

According to Nova Energy's CEO, the company is satisfied with the performance of its first SPPs, as the design calculations have been confirmed.

“We build power plants primarily to cover our own needs. During the design process, we even calculated the orientation of the panels themselves to know exactly how much electricity they would produce at specific hours of the day,” he explained.

In this way, the company managed to avoid the overproduction of electricity by solar power plants, which was faced by one of Ukraine's largest retailers, ATB.

Nova Poshta plans to become energy independent by the end of the year. To do this, it needs to build 11.3 MW of generation with investments of about $10.7 million.

As EcoPolitic reported in early March, Nova Poshta equipped another of its Kyiv terminals with a solar power plant.

Related
In 2024, the world set a new record for electricity demand and CO2 emissions
In 2024, the world set a new record for electricity demand and CO2 emissions

Energy security and affordability remain major challenges that compete with the need to combat climate change, experts say

OKKO plans to increase its own RES capacity to 1 GW in 5 years
OKKO plans to increase its own RES capacity to 1 GW in 5 years

Businesses invest in their own energy security

Europe added 12 GW of energy storage systems in 2024
Europe added 12 GW of energy storage systems in 2024

Forecasts for the development of this area are very optimistic