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 Shutterstock
Hanna Velyka

Businesses invest in their own energy security

OKKO Group intends to increase its own energy capacities through solar, wind and solar power to almost 1 GW over the next five years.

These plans were announced by the company's CEO Vasyl Danyliak on Business Breakfast with Volodymyr Fedorin.

OKKO is to build approx:

  • 600 MW of wind power plants (WPPs);
  • 200 MW of solar power plants (SPP);
  • 150 MW of energy storage facilities.

“We have already fulfilled some of these tasks,” said the top manager.

He also noted that distributed power generation is “primarily about security, which is a significant factor in every business.”

As a reminder, this group of companies has significant ambitions in the renewable energy sector. On February 4, we reported that it was the first in Ukraine to launch a 20 MW energy storage facility.

In early April, it became known that Galnaftogaz, which owns the OKKO filling station chain, signed an agreement to raise €157 million to build a 147 MW wind farm in Volyn. And at the end of the same month, we told you that OKKO is implementing a €110 million project to build a bioethanol plant, which is scheduled to be fully launched in Q3 2026.

Related
Electricity generation from Ukrainian solar power stations could increase by 2 GW by the end of 2026
Electricity generation from Ukrainian solar power stations could increase by 2 GW by the end of 2026

Around 80% of all new installations are small-scale solar power stations set up for self-consumption

Wind power monopoly in the Carpathians: plans are afoot to build three more wind farms in the highlands
Wind power monopoly in the Carpathians: plans are afoot to build three more wind farms in the highlands

In the future, a 1.5 GW wind energy cluster is set to be established in Zakarpattia, which will supply energy to the EU

The EU integration law on ‘green’ energy has come into force: what will change?
The EU integration law on ‘green’ energy has come into force: what will change?

Формування зон прискореного розвитку дозволить уникнути процедури ОВД та пришвидшити отримання дозволів

How much water and energy do AI centres ‘consume’? The EU has been accused of concealing data
How much water and energy do AI centres ‘consume’? The EU has been accused of concealing data

Even based on incomplete data for the year, data centres in the EU consumed as much energy as the whole of Croatia