Representatives of RSJ Investments and their project partner company, Enkom, recently visited Central Ukraine. In an undisclosed city, they inspected the first location for the TriCoGen project.
TriCoGen is a cooperation between three Czech companies: Enkom, with its extensive experience in engineering projects in Ukraine; Second Foundation, bringing electricity trading know-how to the project; and RSJ Investments, contributing its long-term experience in Ukraine and strong commitment to the country.
The aim of the project is to develop a network of natural gas cogeneration units that will generate electricity and heat in a reliable and flexible manner. This is something Ukraine urgently needs right now, given the ongoing Russian attacks on its energy infrastructure.
The ambition is to reach 100 MWel in total installed capacity, corresponding to a CAPEX of approximately EUR 75 million.
The team had hoped to welcome the first cogeneration unit on site. Unfortunately, it was delayed at customs, so the champagne was opened elsewhere, while the exact project location remains undisclosed.
This setback was offset by positive developments. Thanks to the strong cooperation with colleagues from Enkom, the project remains on schedule. Moreover, during discussions with the mayor, the team was assured that the heat generated by the cogeneration units would not be wasted, but instead supplied to the city’s heating network.
RSJ Investments and its partners are ready to continue with the TriCoGen project. Two additional cogeneration units are already in storage, an additional location is available if needed, and the project has both the will and the capital to expand.
At the same time, the company notes that banks are currently positioning themselves in a way that effectively hinders this expansion.
"RSJ Investments and Partners Push Ahead with TriCoGen in Ukraine"
