DTEK selects Fluence to deliver 200 MW advanced energy storage systems in Ukraine
DTEK has selected Fluence Energy (NASDAQ: FLNC) to deliver Ukraine's first large-scale battery-based energy storage portfolio, representing a €140 million investment. The project involves six energy storage sites across Ukraine, totaling 200 MW capacity and providing 400 MWh of dispatchable energy - enough to power 600,000 homes.
The project, scheduled for completion by October 2025, will be Eastern Europe's largest operational energy storage portfolio. The storage plants will have capacities ranging from 20 MW to 50 MW, providing frequency and power balancing services to stabilize the Ukrainian power grid. The systems feature advanced grid-forming capability and millisecond response times, offering faster power restoration after outages.
This initiative is part of DTEK's #FightforLight campaign, aimed at maintaining power supply under wartime conditions. Following delivery, DTEK staff will receive training from Fluence to become certified partners for installation, commissioning, and maintenance activities.
DTEK ha selezionato Fluence Energy (NASDAQ: FLNC) per fornire il primo portafoglio di accumulo energetico su larga scala basato su batterie in Ucraina, rappresentando un investimento di 140 milioni di euro. Il progetto prevede sei siti di accumulo energetico in tutta l'Ucraina, per un totale di 200 MW di capacità e fornendo 400 MWh di energia disponibile - sufficiente per alimentare 600.000 case.
Il progetto, previsto per essere completato entro ottobre 2025, sarà il più grande portafoglio operativo di accumulo energetico dell'Europa orientale. Gli impianti di accumulo avranno capacità comprese tra 20 MW e 50 MW, fornendo servizi di bilanciamento della frequenza e della potenza per stabilizzare la rete elettrica ucraina. I sistemi presentano capacità avanzate di formazione della rete e tempi di risposta in millisecondi, offrendo un ripristino più rapido dell'energia dopo le interruzioni.
Questa iniziativa fa parte della campagna #FightforLight di DTEK, volta a mantenere l'approvvigionamento energetico in condizioni di guerra. Dopo la consegna, il personale di DTEK riceverà formazione da Fluence per diventare partner certificati per installazione, avviamento e attività di manutenzione.
DTEK ha seleccionado Fluence Energy (NASDAQ: FLNC) para entregar el primer portafolio de almacenamiento de energía a gran escala basado en baterías en Ucrania, representando una inversión de 140 millones de euros. El proyecto incluye seis sitios de almacenamiento de energía en toda Ucrania, con una capacidad total de 200 MW y proporcionando 400 MWh de energía despachable - suficiente para alimentar 600,000 hogares.
El proyecto está programado para completarse para octubre de 2025, y será el mayor portafolio operativo de almacenamiento de energía en Europa del Este. Las plantas de almacenamiento tendrán capacidades que van desde 20 MW hasta 50 MW, proporcionando servicios de equilibrio de frecuencia y potencia para estabilizar la red eléctrica ucraniana. Los sistemas cuentan con capacidad avanzada de formación de red y tiempos de respuesta en milisegundos, lo que ofrece una restauración más rápida de la energía después de cortes.
Esta iniciativa es parte de la campaña #FightforLight de DTEK, que tiene como objetivo mantener el suministro de energía en condiciones de guerra. Tras la entrega, el personal de DTEK recibirá capacitación de Fluence para convertirse en socios certificados para actividades de instalación, comisionado y mantenimiento.
DTEK는 Fluence Energy (NASDAQ: FLNC)를 선정하여 우크라이나의 첫 대규모 배터리 기반 에너지 저장 포트폴리오를 제공하기로 했으며, 이는 1억 4천만 유로의 투자로 이루어집니다. 이 프로젝트는 우크라이나 전역에 걸쳐 6개의 에너지 저장 사이트를 포함하며, 200 MW 용량을 합산하여 400 MWh의 전력을 제공하며 - 600,000 가구를 충분히 전력 공급할 수 있습니다.
10월 2025년까지 완료될 예정인 이 프로젝트는 동유럽에서 가장 큰 운영 에너지 저장 포트폴리오가 될 것입니다. 저장 플랜트의 용량은 20 MW에서 50 MW까지 다양하며, 우크라이나 전력망을 안정화하기 위한 주파수 및 전력 균형 서비스를 제공합니다. 시스템은 고급 그리드 형성 기능과 밀리초 응답 시간을 특징으로 하여 정전 후 더 빠른 전력 복구를 제공합니다.
이 이니셔티브는 전시 조건에서도 전력 공급을 유지하기 위한 DTEK의 #FightforLight 캠페인의 일환입니다. 인도 이후, DTEK 직원들은 Fluence로부터 설치, 커미셔닝 및 유지보수 활동을 위한 인증 파트너가 되기 위한 교육을 받을 것입니다.
DTEK a sélectionné Fluence Energy (NASDAQ: FLNC) pour fournir le premier portefeuille de stockage d'énergie à grande échelle basé sur des batteries en Ukraine, représentant un investissement de 140 millions d'euros. Le projet comprend six sites de stockage d'énergie à travers l'Ukraine, totalisant 200 MW de capacité et fournissant 400 MWh d'énergie mobilisable - assez pour alimenter 600 000 foyers.
Le projet, prévu pour être achevé d'ici octobre 2025, sera le plus grand portefeuille opérationnel de stockage d'énergie d'Europe de l'Est. Les centrales de stockage auront des capacités allant de 20 MW à 50 MW, offrant des services d'égalisation de fréquence et de puissance pour stabiliser le réseau électrique ukrainien. Les systèmes présentent une capacité avancée de formation de réseau et des temps de réponse en millisecondes, offrant une restauration plus rapide de l'énergie après des pannes.
Cette initiative fait partie de la campagne #FightforLight de DTEK, visant à maintenir l'approvisionnement en énergie dans des conditions de guerre. Après la livraison, le personnel de DTEK recevra une formation de Fluence pour devenir des partenaires certifiés pour les activités d'installation, de mise en service et de maintenance.
DTEK hat Fluence Energy (NASDAQ: FLNC) ausgewählt, um das erste großangelegte batteriebasierte Energiespeicherportfolio der Ukraine zu liefern, was eine Investition von 140 Millionen Euro darstellt. Das Projekt umfasst sechs Energiespeicherstandorte in der gesamten Ukraine mit einer Kapazität von 200 MW und bietet 400 MWh abrufbare Energie - genug, um 600.000 Haushalte zu versorgen.
Das Projekt, das bis Oktober 2025 abgeschlossen sein soll, wird das größte betriebsbereite Energiespeicherportfolio in Osteuropa sein. Die Speicheranlagen werden Kapazitäten von 20 MW bis 50 MW haben und Frequenz- und Leistungsbalancing-Dienste anbieten, um das ukrainische Stromnetz zu stabilisieren. Die Systeme verfügen über fortschrittliche netzbildende Fähigkeiten und Reaktionszeiten im Millisekundenbereich, was eine schnellere Wiederherstellung der Energie nach Ausfällen ermöglicht.
Diese Initiative ist Teil der #FightforLight-Kampagne von DTEK, die darauf abzielt, die Energieversorgung unter Kriegsbedingungen aufrechtzuerhalten. Nach der Lieferung wird das DTEK-Personal eine Schulung von Fluence erhalten, um zertifizierte Partner für Installations-, Inbetriebnahme- und Wartungsaktivitäten zu werden.
- Secured €140 million project to deliver Ukraine's largest energy storage portfolio
- Project adds 200 MW capacity across six sites, serving 600,000 homes
- Strengthens Fluence's market position in Eastern Europe
- Creates long-term partnership opportunity through DTEK staff certification program
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Insights
The
The project's technical specifications are particularly noteworthy - the millisecond response time and grid-forming capabilities significantly outperform traditional power plants, enabling unprecedented grid resilience. The decentralized architecture, with installations ranging from 20 MW to 50 MW, creates a robust defense against cascading failures and enhances local power restoration capabilities.
For Fluence, this contract could catalyze further expansion in Eastern Europe, building on their successful deployments in Lithuania (201 MW) and Germany (450 MW). The technology transfer component, including local maintenance training, suggests a long-term strategic presence in the region.
This deal marks a substantial commercial win for Fluence, with immediate revenue implications from the
The partnership model, including knowledge transfer and maintenance training, suggests potential recurring revenue streams through long-term service agreements and future project opportunities in the region. The October 2025 completion timeline indicates revenue recognition will likely span multiple quarters, supporting steady cash flow generation.
This contract positions Fluence as the dominant player in Eastern Europe's emerging energy storage market. The project's scale - becoming the largest operational storage portfolio in the region - establishes a formidable barrier to entry for competitors. The deployment's success could serve as a blueprint for similar infrastructure modernization efforts across other Eastern European nations seeking energy independence.
The timing is strategic, coinciding with Europe's broader push for energy security and grid modernization. The project's ability to support 600,000 homes demonstrates the commercial viability of large-scale battery storage solutions, potentially accelerating market adoption across the region. This reference project could unlock a pipeline of similar opportunities, particularly in markets prioritizing grid resilience and renewable energy integration.
- The
€140 million total investment aims to enhance power grid stability, bolstering Ukraine’s energy security and independence. - The project is split between six energy storage sites across Ukraine and will provide 400 MWh of dispatchable energy – enough to supply short-term power for 600,000 homes
- The project will be the biggest operational energy storage portfolio in Eastern Europe at the time of commissioning.
KYIV, Ukraine and AMSTERDAM, Jan. 13, 2025 (GLOBE NEWSWIRE) -- DTEK, Ukraine’s largest private energy company, has selected Fluence Energy B.V., a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) (“Fluence”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, to supply Ukraine’s first large-scale battery-based energy storage portfolio. The project marks a significant step towards enhancing the country’s energy independence, stabilising power supply and accelerating its transition to renewable energy.
Fluence and DTEK (through its subsidiary DTEK Renewables) plan to complete the project by October 2025, so that systems are in place before the 2025/26 winter season to strengthen the Ukrainian power grid against outages. The project is a crucial part of DTEK’s #FightforLight campaign, which seeks to keep Ukrainians supplied with power under the extreme condition of war.
The six energy storage plants will be located at multiple sites across Ukraine, with capacities ranging from 20 MW to 50 MW and a total capacity of 200 MW. Together, they will store up to 400 MWh of electricity – enough to supply two hours of power to 600,000 homes (equivalent to roughly half the households in Kyiv).
DTEK CEO Maxim Timchenko said: “Battery storage is a critical element in Ukraine’s vision to build a decentralised energy system that reduces our emissions and enhances our energy security. The partnership with Fluence further signals our commitment to leading the way in battery storage, both in Ukraine and across Europe. Together, we will deliver state-of-the-art technology that will strengthen Ukraine’s energy infrastructure.”
Fluence CEO Julian Nebreda said: “We are pleased to partner with DTEK on this landmark energy storage project in Ukraine. This initiative not only demonstrates Fluence’s commitment to supporting Ukraine’s energy security but also highlights our leadership in providing cutting-edge storage solutions to our customers. The project aligns with our mission to transform the way we power our world, laying the foundation for a more resilient, decentralized energy future for Ukraine.”
The battery-based storage systems will provide frequency and power balancing services to stabilize the Ukrainian power grid on behalf of Ukrainian Transmission System Operator Ukrenergo. Unlike conventional power plants, battery assets provide their response within milliseconds. The decentralized nature of the project is intended to allow the power system to avoid outages and restore power system stability much faster at a local level than previously.
Additionally, the battery assets are designed to provide highly advanced stability services through their grid forming capability. Ukraine will be among the global frontrunners benefitting from this innovative functionality – strengthening its energy infrastructure for the future. With advanced control modes, the battery-based storage system should also enable faster restoration of power after outages.
DTEK selected Fluence, a US-European market leader founded by Siemens and the AES Corporation, due to its outstanding track record in delivering more than 35 GWh of industry-leading energy storage solutions with speed and efficiency. Fluence has extensive experience integrating energy storage assets into national energy infrastructure, including a 201 MW energy storage portfolio in Lithuania and 450 MW of energy storage projects for German transmission system operators.
Following delivery, DTEK and Fluence teams will oversee the systems’ installation, configuration, network integration and testing to ensure readiness to support Ukraine’s energy needs. DTEK staff will be trained by Fluence to act as certified partners for the on-site installation, commissioning, and future maintenance activities of the battery energy storage systems, allowing for close collaboration between Fluence and DTEK on future projects in the region.
Press enquiries:
DTEK
Santi Dharmawan, DharmawanS@dtek.com, +44 7350 455 262
Pavlo Bilodid, BilodidPP@dtek.com, +38 097 511 2087
Fluence
Joanna Spirodek, Joanna.spirodek@fluenceenergy.com, +44 7804 730 482
About DTEK
DTEK Group is the largest private investor in the energy sector of Ukraine. The Group employs 55,000 people.
DTEK Group's companies are engaged in coal and natural gas mining, electricity production at wind, solar and thermal power plants, trade energy resources in the Ukrainian and international markets, distribute and supply electricity to consumers, provide energy-efficient services to customers, and develop a network of high-speed charging stations. In accordance with the Strategy 2030, DTEK strives to transform into a more energy-efficient, environmentally friendly and technological business, guided by ESG principles. DTEK is a member of the World Economic Forum's Partnering Against Corruption Initiative (PACI). Our goal is to achieve carbon neutrality.
Since the beginning of the full-scale invasion, DTEK Group has restored power supply to more than 14 million consumers in the regions affected by the hostilities. DTEK Group is
About Fluence
Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Fluence’s solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, Fluence is transforming the way we power our world for a more sustainable future.
For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog.
Cautionary Statement Regarding Forward-Looking Statements
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of these energy storage systems and projects, anticipated timeline of these Ukrainian projects and timing of delivery of equipment, expected impact of these projects on the Ukrainian power grid, and other beliefs, assumptions, prospects, plans, and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “commits,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, severe weather events impacting the projects, changes to the regulatory environment in Ukraine and Europe, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, including the war between Russia and Ukraine and the potential impact of financial and economic sanctions on the regional and global economy, unforeseen circumstances outside of Fluence’s control which may cause the energy storage systems to not perform as anticipated, and such factors set forth under Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission (“SEC”) on November 29, 2024, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.
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