
DTEK, Ukraine’s largest private energy company, has selected Fluence Energy B.V., a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) (“Fluence”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, to supply Ukraine’s first large-scale battery-based energy storage portfolio. [pdf]
Sept. 10, 2025. (Bohdan Nazarenko/DTEK) Ukraine’s biggest private energy firm, DTEK, has launched a major battery storage facility that will bring power to hundreds of thousands of homes and strengthen the grid ahead of expected Russian attacks this winter, the company said.
The €140 million total investment aims to enhance power grid stability, bolstering Ukraine’s energy security and independence. The project will be the biggest operational energy storage portfolio in Eastern Europe at the time of commissioning.
Together, they will store up to 400 MWh of electricity – enough to supply two hours of power to 600,000 homes (equivalent to roughly half the households in Kyiv).
"Despite the war, we invest in Ukraine’s recovery and growth. Our energy sector, having withstood countless Russian attacks, now gains new momentum," owner of DTEK and Ukraine’s richest man, Rinat Akhmetov, said in a press release.
The batteries are spread out across six undisclosed locations in Ukraine, which helps de-risk the projects from Russian attacks compared to a centralized system, Julian Jansen, managing director covering southern and eastern Europe at Fluence, said during the briefing.
Dominic is the business reporter for the Kyiv Independent. He has written for a number of publications including the Financial Times, bne IntelliNews, Radio Free Europe/Liberty, Euronews and New Eastern Europe. Previously, Dominic worked with StopFake as a disinformation expert, debunking Russian fake news in Europe.

This project, developed by Vietnam Electricity (EVN) in collaboration with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Vietnam Energy Institute, marks a crucial step towards Vietnam’s target of developing 300MW of energy storage by 2030, as outlined in the latest Eighth Power Development Plan (PDP 8). [pdf]

WAUKESHA, Wis. – June 27, 2024 — Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the acquisition of PowerPlay Battery Energy Storage Systems, a division of SunGrid Solutions Inc., a leading engineering, procurement and construction (EPC) company for energy storage. [pdf]

Prominent systems include pumped hydro storage, which involves using gravity to store energy in water reservoirs; 3. battery storage solutions, offering rapid response times and modular design; 4. compressed air energy storage that utilizes underground caverns for energy storage; 5. flywheel systems, which provide instant power through rotational energy; 6. thermal energy storage, where heat is captured for later use; 7. these technologies significantly contribute to the efficient and reliable operation of power stations, facilitating the integration of renewable sources into energy systems. [pdf]
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