Post by ReBuild Ukraine

Investing in Decentralization: DTEK, SCM, and Octopus Energy Launch the RISE (Resilient Independent Solar Energy) Project to Develop Ukraine’s Decentralized Power Grid 🇺🇦 Key parameters of the initiative: ✔ Scale: A €100 million investment to implement 100 local energy projects over the next three years. ✔ Technological Solution: Installation of rooftop solar power plants and Battery Energy Storage Systems (BESS) managed by the Kraken intelligent platform. ✔ Goal: Ensuring energy autonomy for the business and public sectors, which will "stabilize the power grid and protect customers from blackouts and price spikes." 🎯 Powered by the Kraken system, businesses will be able to "optimize and manage electricity consumption in real time, reduce the load during peak demand hours, and sell surplus electricity back to the grid." The project has already been launched through DTEK's retail company, YASNO. Maxim Timchenko, CEO of DTEK, emphasized the strategic importance of this transition: 🖇 "About 70% of Ukraine’s thermal generation capacity has been damaged, destroyed, or captured since the beginning of the full-scale invasion. This created not only an urgent need for recovery but also an opportunity to accelerate the transition to decentralized renewable energy." Greg Jackson, Founder of Octopus Energy, noted that the partnership is a step toward a stronger energy future: 🖇 "Ukraine — and DTEK in particular — have shown incredible resilience and agility in the face of unprecedented destruction of the energy system. They are rapidly rebuilding and deploying a decentralized, smart energy system based on their own renewable sources." ✏ This initiative is a powerful testament to the fact that combining investment, cutting-edge technology, and international support enables Ukrainian communities to take control of their own energy needs, laying the foundation for the country’s long-term sustainable independence