Flexible Electricity Generation (90 MW)

The project involves the construction of a 90 MW hybrid power generation system combining 60 MW of gas engine units and a 30 MW solar photovoltaic power plant. The system will cover up to 50% of Northern Iron Ore’s total energy demand, strengthening the company’s energy resilience and independence. It will also enable electricity generation during periods of high tariffs, helping optimise energy costs.

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 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;
• Creating up to 30 new jobs.

About Metinvest LLC: Metinvest is one of Europe’s largest vertically integrated mining and metallurgical companies, with its core assets in Ukraine. The Group manages key stages of the steel value chain, including iron ore mining and processing, coke production, and the manufacture of semi-finished and finished steel products.