Norway will provide 425 million Norwegian kroner (approximately €40 million) to support Ukraine’s energy system.
The funds are expected to be allocated to decentralized energy production, renewable energy, battery storage, and flexible local energy systems. This funding will strengthen Ukraine’s energy supply, accelerate recovery, and ensure the continued operation of critical services.
Support will be provided through the EU Investment Framework for Ukraine. This agreement is designed to mobilize additional financing from banks and other financial institutions. If the project progresses as expected, part of the funding may eventually be reused for new energy projects in Ukraine.
