A number of important cooperation agreements with financial institutions and energy companies were signed during the URC 2024 International Conference in Berlin with the participation and in the presence of Ukraine's Energy Minister German Galushchenko.

The key goal is to build up generation and power grids, which is crucial for the restoration of energy facilities after the russian attacks.

The agreements signed include:

- Memorandum of Understanding with Siemens Energy AG, which is important for the implementation of energy efficient technologies, decentralised electricity generation, and increased use of renewable energy sources;

- Memorandum of Understanding with Siemens Energy Global GmbH & Co. KG, crucial for Ukrnafta's development of new combined heat and power projects based on combined cycle turbine technology. This will make it possible to provide cities with heat and light in the face of russian attacks;

- Memorandum of Cooperation between PJSC Ukrnafta and Deutsche Bank AG, which is important for financing the development of gas and combined cycle power plants for heat and power generation;

- Memorandum with GE Vernova, which offers solutions for the development of smart grids, in particular in Kharkiv and Ternopil regions;

- Memorandum of Understanding in the field of transition to renewable energy sources with GOLDBECK SOLAR Investment GmbH, which provides for the development of 500 MW of solar panels;

- A memorandum on the transition to renewable energy sources with NOTUS Energy Invest Ukraine GmbH, which provides for the development of 120 MW of wind power generation;

- A memorandum with Siemens Energy Global GmbH & Co. KG and Naftogaz, which is important for the operation of underground gas storage facilities with a focus on decarbonisation;

- Joint Declaration with the German Chamber of Commerce and Industry, important in the transition to green energy and ensuring the stability of the Ukrainian energy sector;

- Memorandum of Understanding with Voith Hydro on the construction of new hydroelectric power plants by Ukrhydroproject, reconstruction of destroyed ones, and their maintenance;

- Memorandum of Understanding with the Swedish Development Financial Institution, which is important for the decentralisation of the energy sector, in particular the use of biomass-based gas and steam turbines.

In addition, a Memorandum of Understanding was signed to establish a Norwegian-Ukrainian energy partnership.

In the presence of German Galushchenko, the parties also signed an agreement on Germany's financial support for Ukraine's energy infrastructure in the amount of EUR 30.4 million through KfW.