UDP Renewables™

Powering Ukraine's Renewable Future

Renewable Energy Developer & Independent Power Producer (IPP)

Delivering investment-grade Solar, Wind, BESS and Hydrogen projects for international partners and institutional investors

Trusted by European Energy Institutions

UDP Renewables is a Ukrainian renewable energy developer and IPP delivering full-cycle Solar, Wind, BESS and Hydrogen projects: structured for international partnerships and bankable by design

Hybrid PP (Wind, Solar, BESS)

We develop hybrid power plants that combine wind, solar and battery storage on a single site. This approach maximises capacity utilisation, stabilises generation profiles and improves grid connection economics.

Hybrid PP (Wind, Solar, BESS)

We develop hybrid power plants that combine wind, solar and battery storage on a single site. This approach maximises capacity utilisation, stabilises generation profiles and improves grid connection economics.

Hybrid PP (Wind, Solar, BESS)

We develop hybrid power plants that combine wind, solar and battery storage on a single site. This approach maximises capacity utilisation, stabilises generation profiles and improves grid connection economics.

Hybrid PP (Wind, Solar, BESS)

We develop hybrid power plants that combine wind, solar and battery storage on a single site. This approach maximises capacity utilisation, stabilises generation profiles and improves grid connection economics.

Rooftop Solar Plants

We design and deliver rooftop PV installations for industrial and commercial clients. Each system is engineered for the client's consumption profile, grid connection conditions and long-term performance requirements.

Rooftop Solar Plants

We design and deliver rooftop PV installations for industrial and commercial clients. Each system is engineered for the client's consumption profile, grid connection conditions and long-term performance requirements.

Rooftop Solar Plants

We design and deliver rooftop PV installations for industrial and commercial clients. Each system is engineered for the client's consumption profile, grid connection conditions and long-term performance requirements.

Rooftop Solar Plants

We design and deliver rooftop PV installations for industrial and commercial clients. Each system is engineered for the client's consumption profile, grid connection conditions and long-term performance requirements.

Engineering and Construction

We manage the full technical cycle — from feasibility studies and permitting documentation to EPC contract oversight and commissioning. Our engineering standards align with IFC Performance Standards and international lender requirements.

Engineering and Construction

We manage the full technical cycle — from feasibility studies and permitting documentation to EPC contract oversight and commissioning. Our engineering standards align with IFC Performance Standards and international lender requirements.

Engineering and Construction

We manage the full technical cycle — from feasibility studies and permitting documentation to EPC contract oversight and commissioning. Our engineering standards align with IFC Performance Standards and international lender requirements.

Engineering and Construction

We manage the full technical cycle — from feasibility studies and permitting documentation to EPC contract oversight and commissioning. Our engineering standards align with IFC Performance Standards and international lender requirements.

Independent Power Producer (IPP)

UDPR operates as an IPP: we hold, operate and monetise generation assets over their full operational lifetime. This gives our partners a single counterparty accountable for both development and long-term energy production.

Independent Power Producer (IPP)

UDPR operates as an IPP: we hold, operate and monetise generation assets over their full operational lifetime. This gives our partners a single counterparty accountable for both development and long-term energy production.

Independent Power Producer (IPP)

UDPR operates as an IPP: we hold, operate and monetise generation assets over their full operational lifetime. This gives our partners a single counterparty accountable for both development and long-term energy production.

Independent Power Producer (IPP)

UDPR operates as an IPP: we hold, operate and monetise generation assets over their full operational lifetime. This gives our partners a single counterparty accountable for both development and long-term energy production.

Bankable Projects and Co-investment

We structure projects to meet the requirements of commercial banks and international development finance institutions. UDPR co-invests as a minority shareholder, taking on local development, permitting and regulatory risk.

Bankable Projects and Co-investment

We structure projects to meet the requirements of commercial banks and international development finance institutions. UDPR co-invests as a minority shareholder, taking on local development, permitting and regulatory risk.

Bankable Projects and Co-investment

We structure projects to meet the requirements of commercial banks and international development finance institutions. UDPR co-invests as a minority shareholder, taking on local development, permitting and regulatory risk.

Bankable Projects and Co-investment

We structure projects to meet the requirements of commercial banks and international development finance institutions. UDPR co-invests as a minority shareholder, taking on local development, permitting and regulatory risk.

Operations & Maintenance

We provide operations and maintenance services for our operating solar portfolio, ensuring consistent technical performance and reliability throughout the asset lifecycle. Our O&M team is based in Ukraine with 24/7 monitoring capability.

Operations & Maintenance

We provide operations and maintenance services for our operating solar portfolio, ensuring consistent technical performance and reliability throughout the asset lifecycle. Our O&M team is based in Ukraine with 24/7 monitoring capability.

Operations & Maintenance

We provide operations and maintenance services for our operating solar portfolio, ensuring consistent technical performance and reliability throughout the asset lifecycle. Our O&M team is based in Ukraine with 24/7 monitoring capability.

Operations & Maintenance

We provide operations and maintenance services for our operating solar portfolio, ensuring consistent technical performance and reliability throughout the asset lifecycle. Our O&M team is based in Ukraine with 24/7 monitoring capability.

Our Solutions

Comprehensive Renewable Energy Solutions

Operational

150+

MW

Solar Energy

150+ MW of operating assets across utility-scale and rooftop installations. A track record of 13 completed projects delivered from land acquisition through commissioning and long-term O&M.

Operational

150+

MW

Solar Energy

150+ MW of operating assets across utility-scale and rooftop installations. A track record of 13 completed projects delivered from land acquisition through commissioning and long-term O&M.

Development

630+

MW

Wind Energy

One of the largest independent wind development pipelines in Ukraine - 631 MW across western and central regions at various stages of development. Structured for international co-investment with clear risk

Development

630+

MW

Wind Energy

One of the largest independent wind development pipelines in Ukraine - 631 MW across western and central regions at various stages of development. Structured for international co-investment with clear risk

Development

500

MW

Green Hydrogen

GreenWest PtX - a 500 MW Power-to-X cluster in western Ukraine, 1 km from the EU border. Producing renewable hydrogen, ammonia and e-methanol for European markets. Supported by the Clean Hydrogen Partnership and validated by Roland Berger.

Development

500

MW

Green Hydrogen

GreenWest PtX - a 500 MW Power-to-X cluster in western Ukraine, 1 km from the EU border. Producing renewable hydrogen, ammonia and e-methanol for European markets. Supported by the Clean Hydrogen Partnership and validated by Roland Berger.

Development

500

MW

Green Hydrogen

GreenWest PtX - a 500 MW Power-to-X cluster in western Ukraine, 1 km from the EU border. Producing renewable hydrogen, ammonia and e-methanol for European markets. Supported by the Clean Hydrogen Partnership and validated by Roland Berger.

Development

140

MW

Hybrid Solutions

140 MW of hybrid projects combining wind, solar and battery storage on shared infrastructure. Designed to optimise grid connection costs and deliver more stable generation profiles for offtakers and investors.

Development

140

MW

Hybrid Solutions

140 MW of hybrid projects combining wind, solar and battery storage on shared infrastructure. Designed to optimise grid connection costs and deliver more stable generation profiles for offtakers and investors.

Our Track Record

From solar operator to full-cycle energy developer

What began as a solar development platform has grown into an independent renewable energy company with an operating portfolio, a 631 MW wind pipeline and a gigawatt-scale hydrogen project at the EU border.

Through a decade of delivery, including wartime operations, UDPR has maintained consistent project execution and built trusted relationships with international investors and European financial institutions.

№ 1

Market Position

FDI attraction for RES in Ukraine

1 582 MW

Total Pipeline

Across Solar, Wind, and Hydrogen

72 MW Wind

Current Operations

Under Construction

10+ years

Market Presence

Proven Developer

our partners

Trusted by leading European energy institutions and investors

Institutional Supporters
Strategic Partners
General contractors and designers
Law firms and consultants
Equipment manufactures
Financial institutions
Insurance companies
Associations

Project Proposal

We're Looking for a Strategic Partner for Co-development and Co-investment

UDP Renewables is looking to engage a strategic investor to co-develop, finance, build and operate wind and hydrogen projects within its asset portfolio. As a minority shareholder, UDP Renewables assumes the role of local partner - responsible for development, permitting, licensing and technical documentation under Ukrainian law.

A Decade of Delivery

In Foreign Direct Investment attraction for renewable projects in Ukraine

UDPR is an independent Ukrainian renewable energy platform combining local expertise with international standards of development, financial structuring and reporting. Over a decade on the market, we have built a portfolio that speaks for itself - and a co-investment model that removes local execution risk for international partners.

Wind Development Pipeline
13 Projects Completed:
Operating Portfolio
150+ MW Solar in Operation:
Hydrogen Long-term Horizon
10+ Years of Delivery:

Portfolio Map

1 582 MW across Solar, Wind, and Hydrogen - delivered, in development, and in operation across Ukraine

150+ MW

Solar Energy

150+ MW

Solar Energy

631 MW

Wind Energy

631 MW

Wind Energy

140 MW

Hybrid PP

140 MW

Hybrid PP

500 MW

Green Hydrogen

500 MW

Green Hydrogen

243 MW

Sold

243 MW

Sold

Cherkasy RegionChernihiv RegionChernivtsi RegionDnipropetrovsk RegionDonetsk RegionIvano-Frankivsk RegionKharkiv RegionKherson RegionKhmelnytskyi RegionKirovohrad RegionKyiv RegionLuhansk RegionLviv RegionMykolaiv RegionOdesa RegionPoltava RegionRivne RegionSumy RegionTernopil RegionVinnytsia RegionVolyn RegionZakarpattia RegionZaporizhia RegionZhytomyr RegionCrimea Region500 MW188 MW174 MW140 MW180 MW52 MW55 MW6 MW160 MW36 MW6.5 MW20 MW46.2 MW18.3 MW
Cherkasy RegionChernihiv RegionChernivtsi RegionDnipropetrovsk RegionDonetsk RegionIvano-Frankivsk RegionKharkiv RegionKherson RegionKhmelnytskyi RegionKirovohrad RegionKyiv RegionLuhansk RegionLviv RegionMykolaiv RegionOdesa RegionPoltava RegionRivne RegionSumy RegionTernopil RegionVinnytsia RegionVolyn RegionZakarpattia RegionZaporizhia RegionZhytomyr RegionCrimea Region500 MW188 MW174 MW140 MW180 MW52 MW55 MW6 MW160 MW36 MW6.5 MW20 MW46.2 MW18.3 MW

Geography: across Ukraine. Operating: 150+ MW. In development: 1 190 MW.

Geography: across Ukraine. Operating: 150+ MW. In development: 1 190 MW.

Resources mix

1,100 kWh/m²

Solar

7 m/s

Wind

52.3 m³/s

Freshwater

Battery

Storage

UDP Renewables: Wind Investment Opportunities

We provide turnkey WPP development and EPC and seek strategic partnerships for co‑development and co‑investment

Location

WPP capacity (MW)

WPP capacity (MW)

CAPEX (M/EUR)

CAPEX (M/EUR)

Development status

Development status

Capacity factor (%)

Capacity factor (%)

EBITDA (M/EUR)

EBITDA (M/EUR)

Levered IRR (%)

Levered IRR (%)

Western Ukraine

40

64

Early

41,0

11,8

22+

Central Ukraine

80

128

Mid-stage

38,5

22,4

20+

Kyiv region

120

192

Advanced

38,0

33,6

21+

Return Potential

The wind and hybrid pipeline projects a combined energy output exceeding 1,660 GWh per year. Entry is available at three development stages - early-stage, mid-stage and construction-ready - allowing investors to calibrate risk and return according to their mandate. Hybrid PP assets provide additional diversification through combined wind, solar and battery storage generation on shared grid infrastructure.

For detailed financial modelling, project specifications and co-investment terms:

Our Flagship Project

Ukraine’s flagship Renewable Hydrogen and Power-to-X initiative 

A gigawatt-scale Power-to-X cluster in Western Ukraine, 1 km from the EU border. Producing renewable hydrogen and derivatives for EU demand centers. A European-Ukrainian venture developed by UDP Renewables and Hydrogen Partners, incorporated in the Netherlands.

Electrolyser

500 MW | RES: 1.5 GW

Electrolyser

500 MW | RES: 1.5 GW

Electrolyser

500 MW | RES: 1.5 GW

50 000 t/year

H₂ Production (1–3)

50 000 t/year

H₂ Production (1–3)

50 000 t/year

H₂ Production (1–3)

400,000 t/year

NH₃ Production

400,000 t/year

NH₃ Production

400,000 t/year

NH₃ Production

EUR 2B+

Phase 1 CAPEX

EUR 2B+

Phase 1 CAPEX

EUR 2B+

Phase 1 CAPEX

2029

Phase 1 COD

2029

Phase 1 COD

2029

Phase 1 COD

2030–2034

Scaling

2030–2034

Scaling

2030–2034

Scaling

Our Journey

GreenWest PtX Development Roadmap, Phase By Phase

2029

PILOT

10 MW Electrolyser + 26 MW RES

First hydrogen production: 1,100 tonnes per year. Site commissioning and operational validation. Early exports via rail to Poland and Austria.

2029

PILOT

10 MW Electrolyser + 26 MW RES

First hydrogen production: 1,100 tonnes per year. Site commissioning and operational validation. Early exports via rail to Poland and Austria.

2029

Phase 1

+50 MW Electrolyser + 130 MW RES

First commercial hydrogen production: 5,500 tonnes per year. Targeting EU off-takers in Poland, Austria and Germany via rail and pipeline routes.

2029

Phase 1

+50 MW Electrolyser + 130 MW RES

First commercial hydrogen production: 5,500 tonnes per year. Targeting EU off-takers in Poland, Austria and Germany via rail and pipeline routes.

2031

Phase 2

+100 MW Electrolyser + 270 MW RES

Scaling to 15,000 tonnes of hydrogen per year. Ammonia and e-methanol derivatives added to the product mix.

2031

Phase 2

+100 MW Electrolyser + 270 MW RES

Scaling to 15,000 tonnes of hydrogen per year. Ammonia and e-methanol derivatives added to the product mix.

2033

Phase 3

+350 MW Electrolyser + 1,000 MW RES

Full 500 MW electrolyser capacity and 1.5 GW RES reached. 50,000 tonnes of hydrogen per year. Integrated delivery to the Central European Hydrogen Corridor (CEHC) via direct pipeline connection.

2033

Phase 3

+350 MW Electrolyser + 1,000 MW RES

Full 500 MW electrolyser capacity and 1.5 GW RES reached. 50,000 tonnes of hydrogen per year. Integrated delivery to the Central European Hydrogen Corridor (CEHC) via direct pipeline connection.

Our Team

Meet the people
behind UDPR

Sergiy Yevtushenko

Managing Partner & CEO

Constantine Yevtushenko

Partner

Yuliana Mykhalevska

COO

Viacheslav Luchnykov

Director of Strategy & Innovation

Iryna Turaieva

CFO

Contact Information

Reach out to discuss partnership opportunities, co-investment, or project development.

three wind turbines in a green field with a blue sky in the background
windmills on grass field at daytime
people standing near wind turbines during daytime
a wind turbine in the middle of a field
white windmill during day
wind turbines under gray sky
wind turbines on snowy mountain under clear blue sky during daytime
white and red windmill during daytime
Become Part of Ukraine's Renewable Energy Future