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ELEMENTUM ENERGY UKRAINE

Company awards:
Bravery

The Bravery Award honors companies that fearlessly navigate the turbulent waters of wartime in Ukraine. We are proud of your resilience, remarkable adaptability, and commitment to conducting business in Ukraine.

25th Birthday Star

25th Birthday Star honors member companies that share this important milestone with us. As the Association marks its 25th anniversary, we are thankful for your continued support and contributions to the growth of our business community. May the next 25 years bring new achievements for us all!

Star Investor

The Star Investor award recognizes companies that have implemented large-scale investment projects in Ukraine worth $10 million or more during the full-scale invasion.

These companies are expanding production, building critical infrastructure, investing in reconstruction, and implementing strategic projects that form the basis for sustainable economic development.

Thank you for your continued support and contribution to the future of Ukraine!

Elementum Energy, founded in 2019, is a leading international investor in Ukraine’s renewable energy sector, with offices in Kyiv and London. The company manages one of the country’s largest renewable energy portfolios, comprising solar and wind power plants with a total installed capacity of 636 MW.

Despite the challenges caused by the full-scale invasion, Elementum Energy continues to expand its operations. Earlier this year, construction began on the 57.6 MW Danube Wind Farms project in southern Ukraine, with commissioning scheduled for the first quarter of 2027. Two additional wind farm projects with capacities of 200 MW and 158.6 MW, located in western and southern Ukraine, are currently under development. Once operational, these projects will add more than 400 MW of new capacity to the Ukrainian power system and generate approximately 800 GWh of renewable electricity annually, helping avoid more than 1 million tonnes of CO₂ emissions through reduced reliance on fossil fuels. Elementum Energy is also exploring energy storage technologies and plans to test a pilot battery energy storage project with a capacity of 10 MW and storage volume of 20 MWh later this year.

Elementum Energy is one of the key drivers of Ukraine’s electricity market, actively trading electricity and renewable energy products. The company buys, sells, structures, and optimises energy portfolios, manages market positions, and contributes to liquidity in the open market. It consistently pioneers new market mechanisms and products, tests and scales innovative commercial models, and helps shape trends in renewable electricity trading and guarantees of origin in Ukraine.

Elementum Energy’s annual renewable electricity generation amounts to 946,574 MWh, helping avoid 726,969 tonnes of CO₂ emissions. The company actively supports initiatives aimed at advancing a sustainable and low-carbon future. More information is available in the company’s Sustainability Report on its website.

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Nationwide Minute of Silence
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09:00
Nationwide Minute of Silence
Let us honor the memory of all those who lost their lives in russia’s war against Ukraine
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