Elementum is the largest foreign investor into Ukraine`s renewable energy, with the fleet of 29 plants producing power from solar and wind. We develop, own, and operate large-scale renewable energy projects with a focus on sustainability, low environmental impact, and community engagement

Our Story

Since our establishment, we have focused on developing and operating solar power plants in Ukraine. By 2020, more than 500 MW of installed capacity had commenced commercial generation across six regions of the country. In 2021, we expanded our portfolio with the addition of Dnistrovska WPP — our first wind farm in the Odesa region. Phase I, with a capacity of 40 MWp, was commissioned in May 2021, and the launch of Phase II, with 60 MWp, was scheduled for June 2022. Despite the full-scale invasion of Ukraine, we successfully commissioned Phase II and began commercial operations in July 2023. By the end of 2023, our total operational portfolio had reached 636 MWp, while we continued to add new development projects to our pipeline. As the company grew, so did our team. Elementum now operates from three offices in London, Kyiv, and Odesa, with a dedicated team of over 70 professionals.

Our corporate vision

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LEAD

We are striving to lead the transition to a sustainable renewable energy future

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DELIVER

We provide stable energy supply through transparency and responsibility in all processes

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INNOVATE

We invest in the latest technologies for efficient production of low-carbon energy

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EXECUTE

Despite the war’s challenges, we continue to implement sophisticated projects for the restoration of the Ukrainian energy sector

Our mission statement

To provide reliable clean energy via sustainable and renewable sources.

Our core beliefs

Renewable energy is poised to become the world’s primary source of electricity.

Green transition and innovative technologies will be the main path to de-carbonization and energy security.

Helping to deliver this future is both a business and social mission for us.

Our memberships

We are proud members of several business and renewable-specific associations, including: