Strategic and Operating Partner for Renewable Energy Companies

We create, develop, and implement energy businesses and projects, with interests aligned around the long-term outcome Discover more

Renewable Energy Opportunities and Projects in Ukraine

We work with international developers, investors, infrastructure funds, independent power producers (IPPs), and energy companies looking to develop, invest in, or operate renewable energy projects and assets in Ukraine.

Avenston acts as a local partner, helping partners develop businesses and projects in Ukraine. We combine practical experience in the Ukrainian market with an understanding of the investment and operational aspects of projects. Our role is shaped by the objectives of each partnership and may range from participation in a specific project stage to long-term involvement in developing businesses and assets:

CREATE → PARTNER → EXECUTE → OPERATE

Today, our strategic focus remains renewable energy in Ukraine, anchored in our Solar PV track record, with a growing focus on Battery Energy Storage Systems (BESS) as part of Ukraine’s energy transition.

Key Facts about Avenston

• Partnership models — Co-development, joint ventures, co-investment and long-term asset management.
• 50+ MW — Direct participation in the delivery of solar PV projects.
• 450+ MW — Total portfolio involvement spanning consulting, engineering, EPC and O&M.
• Strategic focus — Renewable Energy in Ukraine (utility-scale Solar PV and BESS)

Local Expertise. International Partnerships. Long-term Value.

Selected Projects

Katerynivka Solar Power Plant (Umitli-3)

Katerynivka Solar Power Plant is a 13.5 MW utility-scale photovoltaic project implemented by Avenston for Turkish investor Ümitli Enerji in the Dnipropetrovsk region of Ukraine. The project demonstrates Avenston's experience in delivering large-scale renewable energy assets.

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Chumaky Solar Power Plant

Chumaky Solar Power Plant is a 5.7 MW utility-scale photovoltaic project implemented by Avenston for Turkish investor Ümitli Enerji in the Dnipropetrovsk region of Ukraine. The project became the 1st solar power plant delivered within a three-project portfolio for this investor.

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Novopetrivka Solar Power Plant

Novopetrivka Solar Power Plant (Umitli-2) is a 6.5 MW utility-scale photovoltaic project implemented by Avenston for Turkish investor Ümitli Enerji in the Dnipropetrovsk region of Ukraine. The project was delivered within the investor's renewable energy portfolio in Ukraine.

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Komyshuvate-2 Solar Power Plant

Komyshuvate-2 Solar Power Plant is a 3.2 MWp ground-mounted photovoltaic project implemented by Avenston in the Kirovohrad region of Ukraine. The project demonstrates the use of solar energy technologies in the agricultural sector.

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Read more from Renewable Energy Project Experience

News

28.06.2026

From Sustainability to Resilience: A New Investment Paradigm for Ukraine’s Energy Market

Avenston shares insights from the Ukrainian Construction Congress on how Solar PV, BESS and distributed energy are becoming essential for resilient commercial infrastructure.

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24.09.2025

Company Updates Its Strategic Focus

In 2025, Avenston paused third-party EPC and equipment supply activities to focus on renewable energy project development, investment partnerships, and selected joint venture projects.

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