Renewable Energy Solutions Programme (“RES Programme”)

Renewable energies

The project sup­ports Ukraine in the tran­si­tion of ener­gy sys­tems in line with the ener­gy tran­si­tion and green recon­struc­tion in accor­dance with the goals of the Paris Cli­mate Agree­ment. The aim of the project is to expand renew­able ener­gies — pri­mar­i­ly PV/solar ther­mal, bio­mass and geot­her­mal heat pumps — in Ukraine. The fund­ing is aimed at small and medi­um-sized pub­lic insti­tu­tions, that can apply for fund­ing from the Min­istry of Finance of Ukraine. Syn­er­gies in the devel­op­ment and expan­sion of renew­able ener­gies in Ukraine are to be cre­at­ed and used through the com­bi­na­tion with oth­er projects. In addi­tion to expand­ing the ener­gy grid, this mea­sure also aims to increase sta­bil­i­ty and resilience through decen­tralised expan­sion.

Imple­ment­ed by Euro­pean Invest­ment Bank

Energy Transition Stock photos by Vecteezy
Funding:
20,000,000.00 €
Duration:
12/2023 till
12/2027

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