Risen and Ascania sign MoU to deploy 100MW of solar PV, 200MWh of BESS in Ukraine

Facebook
Twitter
LinkedIn
Reddit
Email
The Risen-Ascania signing ceremony.
Risen will supply PV modules and utility-scale batteries to Ascania under the terms of the deal. Image: Risen Energy.

Chinese solar manufacturer Risen Energy has signed a memorandum of understanding (MoU) with Ukrainian firm Ascania Energy to deploy 100MW of solar PV capacity, alongside 200MWh of utility-scale batteries, in Ukraine.

Under the terms of the deal, Risen will supply PV modules and utility-scale battery energy storage systems (BESS) to Ascania, which will lead local project developing and provide engineering, procurement and construction (EPC) services for the projects. Ascania CEO and co-owner Yevhen Piatko said that investments in BESS, in particular, would be of benefit to Ukraine, which has endured significant damage to its energy infrastructure since its invasion by Russia in 2022.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Ukraine needs not only to restore the energy infrastructure damaged by the war, but also to build a more decentralised, flexible and resilient energy system,” said Piatko. “Our advantage is that we work across the energy value chain—from engineering and construction to energy management, trading and direct supply to customers.

The MoU follows a number of other solar-plus-storage investments in Ukraine. Earlier this year, Polish solar developer and investment platform ELQ announced plans to invest €2.5 billion (US$2.9 billion) to build solar PV and BESS projects in Ukraine.

Last year, PV Tech Premium also heard from Vladyslav Sokolovskyi, chairman of the board of the Solar Energy Association of Ukraine (SEAU), about how the war with Russia has impacted the country’s energy mix. Sokolovskyi said that the war has encouraged more investment in distributed energy generation and storage, as small-scale solar-plus-storage “can help Ukrainian society”.

Risen and Ascania’s deal, meanwhile, will see the former supply explicitly utility-scale batteries. As part of the MoU signing, Piatko and Ascania CTO Yehor Yarmolenko visited a Risen manufacturing facility. Risen said that, during this visit, the companies discussed its Hyper-ion Pro heterojunction (HJT) modules and its eTron series of liquid-cooled BESS, although they did not specify if these technologies would be supplied to Ascania as part of the MoU.

HJT modules have been a key part of Risen’s product offerings in recent months; in July, the company announced that it had started commercial production of Hyper-ion modules with an average power output of 740Wp and a conversion efficiency of 26.61%, which is a record figure for the company. The Hyper-ion Pro series, meanwhile, has a maximum power output of 745Wp.

2 February 2027
London, UK
Returning in 2027 for its 14th edition, Solar & Storage Finance Europe will bring together the brightest minds representing funds, banks, developers, utilities, government and industry across Europe and the UK on a programme that is solutions-focused from top to tail. The event is designed to enable leaders at the forefront of solar and storage investment and deployment in Europe to scale, learn and land themselves industry defining partnerships.

Read Next

Premium
November 6, 2026
In H1 2026, China rejected enough solar and wind to supply Mexico for a year. Carrie Xiao looks at the country’s curtailment problem.
November 6, 2026
The 174MW Tume solar farm in Tukums, Latvia, reaches operational status. For the first time, owner Ignitis Renewables will run its own facility.
November 5, 2026
After two months of module price decreases in Europe, all solar module and inverter types have gone up, according to the latest PV Index report from online solar marketplace sun.store.
November 5, 2026
IB Solar has signed an MoU with three German companies to develop a 2GW TOPCon solar cell manufacturing line at its facility in India.
November 5, 2026
Tristan Erion-Lorico and Song Hao of Kiwa PVEL examine the negative consequences of overreliance on module nameplate power ratings for PV project economics.
November 4, 2026
Chinese PV manufacturer Trina Solar has emphasised that a reported divestiture of its solar tracker business is in the preliminary stages..

Upcoming Events

Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye