-
InnovateUkraine’s second round will focus on low-carbon solutions to boost Ukraine’s energy resilience
-
First InnovateUkraine cohort preparing for demonstration and accelerator stage
The UK will invest £17 million in innovative energy projects to support the recovery and future sustainability of Ukraine’s energy system. The funding announced during the visit of Foreign Secretary David Lammy to Kyiv will support the second round of the InnovateUkraine competition, a challenge fund to pilot low-carbon solutions tailored to Ukraine’s energy needs.
The second round of InnovateUkraine will spur innovative collaborations between British, Ukrainian and international businesses and research institutions, to develop the scalable and sustainable energy innovations of the future.
InnovateUkraine 2 will focus on the following technologies:
- Smart green grids
- Renewable generation
- Renewable heat
- Green fuels
- Low-carbon buildings and homes
- Industrial decarbonisation
- Repurposing existing energy infrastructure
The British Ambassador to Ukraine, Martin Harris said:
I am proud that the UK is further increasing its funding to the Ukrainian energy sector. This latest contribution underpins our commitments under the 100-Year Partnership, signed by the Prime Minister and President Zelenskyy in January.
These projects, led jointly by British and Ukrainian business, universities, and civil society, will help both our countries develop clean and sustainable energy solutions for the future.
InnovateUkraine is a showcase for the forward-looking partnership between our countries. The UK is standing shoulder-to-shoulder with Ukraine for the next century.
Applications for InnovateUkraine Round 2 will open in mid-March 2025. Once they have undergone screening, successful projects will run for 24 months from late 2025. The teams will receive support and guidance from an accelerator programme, to help with attracting further investment.
InnovateUkraine’s first cohort of projects is already transforming the lives of the Ukrainian people by creating reliable and novel methods of heating and powering buildings, as well as fuelling the imagination of the next generation of scientists and innovators.
These projects include: a new, locally manufacturable battery storage technology which potentially undercuts and outperforms existing technologies; a technology which allows the upcycling of waste concrete to dramatically reduce the embodied emissions of new buildings and structures; and a new tool to make production of geothermal energy in Ukraine more efficient and ripe for investment.
To find out more about the scope and eligibility requirements, please visit: www.innovateukraine.io
