EcoOptima signed a memorandum on the deployment of a small modular reactor with Fermi Energia (Estonia)

05.12.2022

On November 29, 2022, EcoOptima LLC and the Estonian company Fermi Energia signed an agreement to study the possibilities of placing a small modular reactor in Ukraine.

The result of this cooperation is the development of a small modular nuclear reactor on the territory of Western Ukraine.

The companies plan to cooperate in the potential deployment of small modular reactors, including potential in the field of district heating and technical mutual assistance.

General Director of Fermi Energia Kalev Kallemets noted that Ukraine will win the war and it is time to plan actions to restore Ukraine. In particular, the European Council granted Ukraine the status of a candidate for EU membership. In order to comply with the EU's climate policy, Ukraine must plan to decarbonize its energy sector, including the closure of three coal-fired power plants in Western Ukraine.

"Fermi Energia's know-how helps us accelerate consideration of small modular reactors to ensure supply security and energy independence of Ukraine faster than trying to develop all the know-how alone.

"Nuclear energy is already the cornerstone of Ukraine's energy supply, and Ukraine has great potential for deploying Western small modular reactors for decarbonized, affordable electricity and district heating in parallel with renewable energy sources," said Taras Fedak, Development Director of Eco-Optima"

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Eco Optima Ltd. is one of the pioneers of renewable energy in Ukraine and one one of the market leaders, which has a unique and, perhaps, the largest experience of diverse complex and innovative projects. During the years of its existence the company has gained an excellent reputation as a reliable partner in the industry and, in particular, among international financial institutions such as EBRD, NEFCO, Danish Investment Fund, and among powerful international investors.

Since 2015, Eco-Optima Ltd. is one of the main customers of products manufactured by Solar Stolkonstruktsiya LLC in the field of construction of solar power plants. During the time of cooperation, more than 40 MW projects were implemented, and today Eco-Optima is a leader in this sector in the region and in the state. Many years of experience and a high level of personnel of Eco-Optimb in the field of renewable energy allows us to maximally effectively implement common projects and accelerate Ukraine's transition to green energy..

Eco-Optima has a reputation as a reliable partner in a market economy. Transparency in work, honesty, decency in relations with partners are characteristic features of the company's style of work. UBA is confident that with such partners as Eco-Optima it is possible to achieve the best results in implementing clean energy technologies, creating new jobs, and improving the social status of regions where renewable energy is developing.