About us

Avenston is a Ukrainian industrial company focused on the implementing renewable energy technology projects and energy-efficient solutions. We support the efficiency growth of our clients by developing and implementing modern engineering solutions. Our company brings superior innovation, experience and capabilities through in-depth knowledge of renewable energy and energy efficiency sectors and understanding of market dynamics. Avenston’s principal executive office is in Kyiv (Ukraine). The structure of our company includes two main business branches – engineering and consulting.

Avenston Engineering department focused on turnkey project management and implementation of renewable energy projects. Our qualifications and professional experience allow us to perform projects of any complexity. We practice individual approach to each of its customers, aiming at the most effective problem solving and long-term mutually beneficial cooperation.

Avenston Capital is our investment-consulting department which support institutional and private clients. Avenston Capital is a financial and technical advisory with unblemished reputation. Avenston provides its clients with best-in-class advice and support on capital raising and project finance. As an independent adviser, Avenston Capital is not conflicted by the economic benefits that relationship banks and brokers might gain by pursuing one financing goal over another. Advisory business model enables us to focus solely on achieving the best possible result for our clients and minimizing their execution risks.

 

AVENSTON. Technologies. Opportunities. Nature.

 

The history of our group began in 2007 with the implementation of a number of investment projects in Ukraine and the USA under SolarUA brand. In 2010, Rentechno company was founded – at that time the general contractor in the field of solar PV energy. The first projects for the construction of industrial solar power plants were implemented in 2011-2012 with the aim of obtaining benefits from the current green tariff. The years 2017-2018 were notable for the rapid growth of the solar energy market of Ukraine, new industry challenges and the increasing demand for general contracting and development services. In order to ensure a high level of customer service in the context of market environment transformations, Avenston LLC was founded in 2018. In total, our group of companies took part in the implementation of a large number of solar power plants with a total capacity of over 150 MW.

Avenston group collaborates with leading research institutions and companies both in Ukraine and abroad to achieve the ultimate goal — the practical application of modern innovative technologies for efficient conversion of RES into electricity and thermal energy, in compliance with moderate levels of capital expenditures for the construction of such facilities. Key employees have been educated in prestigious universities and have extensive experience in senior positions in major national and international companies. Our management team has vast experience in engineering and finance, which, combined with our hands-on renewable energy experience, as well as with the wide network of our industry partners worldwide, provides us with the necessary capacity and motivation to deliver high quality projects from inception to maturity.

Avenston is member of EUEA and Energy Club. At the beginning of 2019, we were accredited by UkrGasBank and became a member of the list of trusted contractors (EPC-contractors) that passed the selection and objective evaluation procedure. Company provides services in designing, supplying equipment and building industrial solar power plants. We have long-standing partnerships with leading Ukrainian and world-class equipment manufacturers, as well as contractors who, if necessary, participate in our projects. Based on the requirements of its own quality management system, Avenston carefully selects partners to implement its renewable energy projects. Among our partners are such well-known companies as Solar Steelconstruction, Pillar-Ukraine, SMA, Huawei, JA Solar, Jinko Solar, Hanhwa Q Cells, Solis, HIS and many others.

By turning to Avenston, you will receive high-quality and professional support, as with the full management of your project “turnkey” and within the framework of individual services.

Social responsibility 

Our corporate social responsibility is about ensuring that organization manage own business to make a positive impact on the society and the environment whilst maximizing value for their shareholders and stakeholders. It is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, employees, shareholders, communities and the environment in all aspects of their operations. As a member of today`s global community, Avenston are striving to adapt to the evolving needs of society and contribute to its sustainable development. We are continually reviewing and improving our efforts to lessen our impact on the environment, conduct responsible business practices, and uphold the highest ethical standards in everything we do.

At the core of our commitment to corporate responsibility are our stakeholders — the people who affect and are affected by our business actions. These include regulators, investors, business partners, employees and communities where we work and live. Company is committed to explain and demonstrate the positive impact that renewable energy and energy efficiency systems could have on society, the environment and our climate.

Quality policy

Building of mutually beneficial relations with clients, impeccable quality and observance of the stated terms of design, construction and installation of power plants on renewable energy sources, growth of trust and loyalty of customers are the main goals of Avenston’s collective in the field of quality. Achievement of these goals will satisfy the requirements of our clients and ensure the profitability of our company.

The main tasks in achieving the goal:

  1. Increase in the design, construction and installation of power plants in renewable energy sources.
  2. Creation of an effective quality management system (MS ISO 9001:2015) in accordance with the requirements of customers, legislation, and stakeholders. Ensure continuous improvement of the management system.
  3. Organizational improvement of business processes of designing of construction and installation of power plants on renewable energy sources.
  4. Development of a strategy for the company to enter the external market with a purpose of implementing services and plans for the creation of its own production.

Ways of solving set tasks:

  1. Constant study of conjuncture, market, legislation, timely response to changing demand, adaptation to market needs.
  2. Improvement of quality control methods at all stages of general contracting.
  3. Continuous improvement of the organization of work at all stages of the provision of services, the introduction of modern project management tools.
  4. Development and implementation of a quality management system in accordance with ISO 9001:2015.
  5. Determination of processes that have a significant impact on the stability of the quality of works performed and their improvement.
  6. Analysis of cost components for general contract work and the search for cost reduction opportunities.