Norway Allocates €8.4M for Renewable Energy and Pharma Projects in Ukraine

Norway will allocate 93 million Norwegian kroner (over €8.4 million) to support Ukrainian companies in renewable energy and pharmaceutical projects. Funding includes 5.5 million kroner for DTEK's wind energy project and 6.5 million kroner for Farmasoft's pharmaceutical supply chain improvements. Norwegian companies Malthe Winje and Fenix Repower AS will also receive funding for hydropower and wind projects, respectively. Additional agreements in the energy sector are expected.

Published Mar 24, 2026

Norway is allocating 93 million Norwegian kroner (over €8.4 million) to support projects in Ukraine's renewable energy and pharmaceutical sectors. DTEK will receive 5.5 million kroner for a 650 MW wind energy project to be completed by 2028.

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Farmasoft will get 6.5 million kroner for improvements in the pharmaceutical supply chain, including a new EU-standard warehouse. Norwegian companies Malthe Winje and Fenix Repower AS will receive 24 million and 57 million kroner, respectively, for hydropower and wind energy projects, contributing to Ukraine's energy recovery and green transition. Further agreements in the energy sector are anticipated.