Flexible Electricity Generation (75 MW)

Metinvest LLC / Kamet Steel
$
Investment amount, USD
Region Dnipro
Location Kamianske
Opportunity attracting credit resources; grant funds (65%–75%); other forms of cooperation
Status assessment of technical and economic feasibility
Actions
Share project
Flexible Electricity Generation (75 MW)

The project involves the construction of a 75 MW hybrid power generation system combining 60 MW of gas engine units and a 15 MW solar photovoltaic power plant. Together with existing generation capacity, the system will cover up to 60% of Kamet Steel’s total energy demand, ensuring reliable operations during power outages and enabling electricity generation during peak-tariff periods.

Project Objectives:

  • Developing in-house renewable energy generation capacity to partially meet the internal energy needs of the Metinvest Group and enhance the energy independence of its enterprises;
  • Reducing CO₂ emissions and supporting the company’s corporate production decarbonisation strategy;
  • Optimising the use of industrial land that is currently not in operation;
  • Improving the resilience of energy supply to enterprises in regions affected by damage to energy infrastructure.

About Metinvest Holding LLC: Metinvest Holding LLC is the management company of the Metinvest Group, one of the world’s largest vertically integrated mining and metallurgical groups. The Group brings together companies covering the entire production cycle, from iron ore mining to finished steel products. It has assets in Ukraine, Europe and the United States and supplies products to more than 100 countries worldwide.

More opportunities in Dnipro region

Black Iron Project (Shymanivske Deposit), Phase 1
Extraction, Investment potential: 550,000,000$
Extraction, Investment potential: 550,000,000$
Clinker kiln modernization project
Fuel and Energy, Heavy Industry, Investment potential: 13,300,000$
Fuel and Energy, Heavy Industry, Investment potential: 13,300,000$
Complex for the production of flour and cereals products
Agriculture
Construction of 5 MW Solar Power Station (Mezyrytska TC))
Fuel and Energy, Investment potential: 5,600,000$
Fuel and Energy, Investment potential: 5,600,000$
Construction of a new cottage eco-town
Construction
Rebuild Ukraine
Construction

More opportunities in Fuel and Energy

Reconstruction of Sumy power station "Sumyteploenergo"
Sumy, Investment potential: 30,000,000$
Rebuild Ukraine
Sumy, Investment potential: 30,000,000$
Construction of a 6.5 MW solar power plant (to ensure the operation of electric transport)
Sumy, Investment potential: 6,500,000$
Rebuild Ukraine
Sumy, Investment potential: 6,500,000$
Regional Center for Energy Efficiency and Energy Management
Sumy, Investment potential: 28,000,000$
Rebuild Ukraine
Sumy, Investment potential: 28,000,000$
Wind Power Plant 61 MW
Cherkasy, Investment potential: 73,200,000$
Cherkasy, Investment potential: 73,200,000$
Wind Power Plant 152,5 MW
Cherkasy, Investment potential: 183,000,000$
Cherkasy, Investment potential: 183,000,000$

Invest in Ukraine now

In case you have any questions about the Investment Map or would like to receive advice on investment opportunities, please contact us at  [email protected]