Ukraine: Naftogaz and Swedfund sign memorandum to modernize CHPPs and develop renewable energy

Naftogaz Ukrainy NJSC and Swedfund International AB have signed a Memorandum of Understanding to establish cooperation in projects on the modernization of combined heat and power plants (CHPPs) and renewable energy development in Ukraine. The relevant statement was made by Naftogaz Group’s press service. “According to the document, Swedfund will provide grant financing through its…

Ukraine: Korea to help with construction of nuclear units and localization of equipment production

NNEGC Energoatom and Korean Hyundai Engineering and Construction Co., Ltd. have agreed to cooperate in the design, construction and commissioning of new nuclear power units in Ukraine. The relevant agreements were signed in the presence of Minister of Energy of Ukraine German Galushchenko and Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Ukraine…

Ukraine: situation in power system complicated

The Ministry of Energy of Ukraine calls on consumers to conserve electricity in view of the significant loss of generating capacity after hostile shelling. This was stated by the Minister of Energy of Ukraine German Galushchenko. The Energy Minister noted that in recent months, the Ukrainian energy system had suffered the greatest damage since the…