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EIB, Germany offer €20 million to install solar, geothermal energy systems in Ukrainian schools and hospitals

Ukrainian, German and EIB officials sign grant to install renewable energy systems in Ukrainian schools and hospitals. (Photo by EIB)

The German government and the European Investment Bank (EIB) have offered a €20 million grant to install renewable energy systems in Ukrainian schools, hospitals and other public buildings.

The grant will be used to install solar energy systems, biomass energy solutions and geothermal heat pumps in buildings that are already retrofitted by other donor programs, the Ukrainian government and the EIB said in separate press releases. Buildings in areas where the grid frequently goes down will also receive battery storage systems.

The grant, which will come under the EIB's Renewable Energy Solution Programme (RES), is meant to work in tandem with a €300 million EIB framework loan for thermal renovations in Ukrainian communities and two recovery programs worth a combined €540 million, called the Ukraine Early Recovery Programme (UERP) and Ukraine Recovery Programme (URP).

"Not only are such solutions an essential contribution to the decarbonisation of the energy system and, it is also an important contribution for the reconstruction of Ukrainian energy infrastructure due to the ongoing Russian aggression," said Robert Habeck, Federal Minister for Economic Affairs and Climate Action, according to the release.

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