UKRAINE RENEWABLE ENERGY TRACKER
Solar energy
The installed capacity of solar power plants in Ukraine for the first half of 2026 is expected to remain at the previous year’s level of 600 MW, valued at approximately €400 million. A number of investment decisions have been announced, with implementation planned for 2026.
Wind energy
Ukraine’s wind energy sector is showing steady growth: in the first half of 2026, 70 wind turbines with a total capacity of 414.8 MW were commissioned in Ukraine. Approximately €222 million has been raised for the construction of wind farms with a total capacity of ~267 MW in the Odesa, Volyn, and Zakarpattia regions. Investors include OKKO, DTEK, Nonus Energy, and others.
Energy transition
In 2026, the construction of over 250 MW of new distributed generation (cogeneration and local power systems) will be carried out with the help of international investments totalling €281 million.
Investments in RES:
2,700,000 EUR
Key sectors
During the full-scale war, Ukraine built more than 3 GW of new renewable energy capacity.
By 2025, the share of companies already investing in alternative energy has more than tripled, from 6% to 20.2%.
Ukrainian titanium company Velta plans to invest €10 million in renewable energy.
The VARUS supermarket chain is investing €3.5 million to install solar power plants at 48 supermarkets.
The Okko petrol station chain already has a total capacity of 6 MW from solar power stations installed at 265 petrol stations. Investments in rooftop stations have already exceeded USD 3 million.
The international food and agrotechnology company (MHP) has installed and launched 18 MW of cogeneration plants and 15 MW of solar power plants (SPPs), and has also decided to build a 60 MW wind farm (WF).
Key sectors
Energy storage
For the first time, Ukraine has entered the top five largest markets for energy storage systems (BESS) in Europe. In 2025, nearly 3 GWh of new energy storage capacity was commissioned in the country. Today, conditions in Ukraine have already been established under which the use of battery energy storage systems (BESS) for energy arbitrage is economically viable. Price volatility in the “day-ahead” market is currently quite high, so arbitrage is already functioning as a profitable business model.
Solar Energy
As of June 2026, there are nearly 90,000 residential solar power plants in Ukraine (according to the NEURC). Today, solar power plants, together with energy storage systems, enable hospitals, water utilities, district heating companies, businesses, and other facilities to continue operating even during prolonged power outages.
Wind energy
In March 2026, OKKO Group completed the installation of 25 turbines at the Ivanychi Wind Farm in Volyn with a capacity of 147 MW. Eighteen turbines are already generating electricity. The investment is estimated at over €225–250 million.
Innovations in green energy
The digital transformation of the energy sector is no longer a distant prospect—it’s happening right now. Smart grids enable the automation of electricity supply and distribution, reducing losses and engaging consumers in managing their energy consumption. Thanks to digital solutions, it is possible to integrate renewable energy sources, increase the stability of the power grid, and optimise its operation. A prime example is smart meters, which allow for accurate tracking of electricity consumption, reduce losses, and improve resource efficiency.
Biomass
About 10% of buildings in Ukraine are heated with biomass, 10% with coal and 80% with gas. In 2020, biomass replaced about 5.2 billion m3 of natural gas, which is about 15% of total pre-war consumption.
Biomethane (biogas)
The “Teofipol Energy Company” in the Khmelnytskyi region has launched Ukraine’s sixth biomethane plant, with a capacity of 56 million cubic meters per year. Total production capacity has reached 106 million cubic meters per year. The entire volume of biomethane is exported.
Green Steel
In 2026, the Ukrainian steel industry will effectively align its transformation with the European market to achieve decarbonization through the development of its own low-carbon power generation. Metinvest is constructing two power facilities with a combined capacity of 37 MW, while the DCH Group has announced the construction of a 40-MW power plant for its own needs.
Energy Efficiency
Ukraine's 9.2 million residential buildings consume 28.4% of final energy and are far less efficient than EU buildings. Ukraine's energy efficiency investment needs to amount to €57 billion. Today, the Energy Efficiency Fund provides grant support to co-owners of multi-storey buildings in three areas. Up to 70% of the cost of energy efficiency measures in multi-storey buildings — the Energodim Programme. 70% of the cost of equipment and materials for the introduction of alternative energy sources (solar power plants and heat pumps) - the Greendim Programme. 100% of the cost of restoring residential buildings damaged as a result of Russia's war against Ukraine — the RestoreHOME programme.
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Policies
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The declared key objective of the Energy Strategy of Ukraine is to turn Ukraine into an energy hub in Europe. Ukraine has ambitious plans to transform its energy sector through the development of renewable and carbon-neutral generation and by attracting investment in the energy sector.
Development of local RES projects / Renewal of industry using renewable energy sources
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The development of local renewable energy projects can reduce the carbon footprint and contribute to the sustainability of Ukrainian communities.
Promoting the use of renewable energy sources, such as solar, wind and hydropower, at the local level will allow decentralization of renewable energy production, making it more affordable and beneficial for communities to generate their own electricity from clean and sustainable sources.
