Elementum Energy

About the Company

Elementum Energy, established in 2019, is a leading international investor in Ukraine’s renewable energy sector, with offices in Kyiv and London. The company manages one of the country’s largest clean energy portfolios — 636 MW of solar and wind assets — and continues to expand through new projects, including around 400 MW of planned wind farms and an advanced battery energy storage pilot operating on a power arbitrage model.

History

Founded in 2019, Elementum Energy initially focused on developing and operating solar power plants across Ukraine. By 2020, over 500 MW of installed capacity had entered commercial operation across six regions.

In 2021, the company diversified into wind energy by launching the Dniester Wind Farm in the Odesa region. Phase I (40 MW) commenced operations in May 2021, and despite the challenges posed by the full-scale invasion of Ukraine, Phase II (60 MW) was successfully commissioned in July 2023.

By the end of 2023, Elementum Energy’s total operational capacity reached 636 MW. The company continues to grow its portfolio with new renewable projects in development and a pilot battery storage facility designed to enhance grid flexibility and investment returns.

With offices in Kyiv and London, the company employs over 80 professionals dedicated to advancing sustainable energy solutions in Ukraine and beyond.

Services

Generation and sale of electricity

Segments

Wind energy · Development · Energy efficiency · Solar energy

Membership

Member of the club since 2025