OKKO Secures $173 Million to Boost Wind Power in Ukraine
April 4, 2025 - 12:06
A significant financial boost has been secured for the development of wind energy in Ukraine, with a new international finance package amounting to $173 million. This funding will facilitate the construction and operation of wind power plants across the country, contributing a total capacity of 147 megawatts (MW).
The initiative is part of a broader effort to enhance Ukraine's renewable energy infrastructure and reduce reliance on fossil fuels. By investing in wind power, the project aims to harness the country's abundant natural resources while promoting sustainable energy solutions.
The financing is expected to create numerous jobs during the construction phase and beyond, fostering local economic growth. As Ukraine continues to navigate its energy challenges, this investment represents a pivotal step towards achieving energy independence and environmental sustainability. The commitment to renewable energy sources reflects a growing trend in global energy markets, emphasizing the importance of transitioning to cleaner alternatives.
MORE NEWS
February 22, 2026 - 13:58
A Financial Expert's Guide to the 'Three Pot' Savings StrategyWith the new tax year on the horizon this April, many individuals are looking to establish healthier financial routines and build a more secure future. A popular and effective method recommended by...
February 21, 2026 - 23:47
Joshua Berliner, Associate, Projects and Energy TransitionJoshua Berliner, a senior associate specializing in corporate law, focuses his practice on guiding clients through complex project finance and development deals. His expertise is particularly...
February 21, 2026 - 07:10
Supreme Court strikes down Trump tariffs; St. Louis nonprofit anticipates financial reliefIn a landmark 6-3 decision, the United States Supreme Court has ruled that former President Donald Trump overstepped his executive authority when imposing significant tariffs on trading partners....
February 20, 2026 - 21:54
Looking to leave? Savvy Ladies has free financial advice for women going through divorceNavigating the financial complexities of divorce can be a daunting barrier, particularly for women. A significant factor that keeps many in unhappy or even abusive situations is a fundamental lack...