“KNESS balancing group currently comprises over 600 MW of various types of RES and ESS capacity, and our strategic goal is to increase this to 1 GW by the end of this year,” shared Serhii Kravchuk, Director of Electricity Trading and Supply at KNESS, during a speech at the Ukraine Financing Forum 2026.
The expert joined the panel discussion titled “Energy, Power Grids, and Resilience”, during which he outlined the company’s key achievements in figures and explained what investors planning to enter the energy market should look out for.
In his presentation of the KNESS ecosystem, Serhii Kravchuk provided a detailed overview of the group’s four key operational areas:
Development: Currently, 700 MW of wind power plants (WPPs) and 1 GWh of energy storage capacity are in the active development phase.
EPC: the total portfolio of solar capacity implemented by the company in Ukraine and abroad has already exceeded 1.4 GW. Another key area of focus is the expansion of ESS – last year alone, the company built approximately 200 MW of ESS capacity.
O&M: KNESS manages and maintains over 2 GW of solar power generation capacity and approximately 300 MW of energy storage systems.
Trading and commercial management of energy facilities: as part of a separate business unit, the company operates its own Balancing Group, which is currently one of the most dynamic in the country and is on track to exceed the 1 GW mark by the end of this year.
The expert also noted that potential investors considering the Ukrainian energy sector for capital investment should seek the support of a partner with extensive practical experience and expertise proven through actual successful projects. Given the high dynamics and volatility of the energy market, such an approach can minimize risks and ensure a more “sustainable” entry into a highly specialized segment.
We would like to thank the law firm “Sayenko Kharenko” for organizing a platform for professional dialogue and the exchange of experiences.
