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MEMORANDUM OF UNDERSTANDING BETWEEN COWI AND THE UWEA TO CONTRIBUTE TO THE REBUILDING OF UKRAINE

Recognizing that the Russian aggression has caused significant damages to Ukraine’s energy objects and that Ukraine has a significant potential for deployment renewables, especially onshore and offshore wind, COWI and the Ukrainian Wind Energy Association (UWEA), on May 10, 2023, inked a Memorandum of Understanding to contribute to the rebuilding of Ukraine with focus on roll out of wind energy in Ukraine.

International consulting group COWI and the UWEA have signed a Memorandum of Understanding (MOU) to establish a partnership for the development of green energy in Ukraine, focusing on onshore and offshore wind development. The MOU includes projects such as legal gap analysis, road mapping for wind energy development, and the assessment of wind generation potential.

The MoU envisages a local wind energy production pilot project – a small-scale pilot wind generation facility matching the needs of a small local community.

The partnership between COWI and UWEA aims to contribute to the rebuilding of Ukraine's energy infrastructure, which has been significantly damaged by Russian aggression. Through the MOU, the Parties will exchange relevant information and expertise, and work together on the identified priority projects.

Andriy Konechenkov, Chairman of the UWEA Board: “I greatly appreciate willingness and readiness of COWI to contribute to post-war rebuilding of Ukraine. Cooperation with such globally recognised consultancy will help qualitatively rebuild our country and take wind technologies implementation to the next level.”

Jesper Karup Pedersen, Chief Project Manager: “It is a true pleasure having signed this Memorandum of Understanding with the UWEA. For two reasons. One: Wind power will, no doubt, play a major role in ensuring energy security in Ukraine, while at the same contributing to the phase out of green-house gases. Two: Together UWEA and COWI form a strong partnership capable of providing first class solutions in the field of wind power in Ukraine and, hence, supporting rebuilding Ukraine”.