About us
Our Group includes subsidiaries which specialize on project development, construction and management of solar power plants, as well as on trading and supply of clean electricity in various geographies.
This vertically integrated business model is key for our ability to seize the full added value of each stage throughout the renewable energy project execution life cycle. This allows us to not only offer clean electricity at affordable prices to our consumers, but also to provide consistent quality of service to our partners and customers considering building, operating or managing power plants.
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Benefits
We are consistently working on creating a pathway towards a cleaner, more sustainable and stable future, offering a unique set of benefits for partnership.
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We create facilities which convert eco-friendly energy from clean and renewable sources into a finished product for consumers, decreasing their carbon footprint. Using renewable energy sources has a direct impact on CO2 reduction. This represents a unique opportunity for companies who either operate in the EU or export goods to the EU, to be able to comply
with the new European tax regulations, especially for goods produced outside the EU, which are considered “dirty” in terms of carbon dioxide emissions (CBAM, the Carbon Border Adjustment Mechanism).
By installing solar power plants on their premises our customers become compliant with international environmental recommendations. It is therefore not only cost-effective to select Rengy Development as your energy supplier, but it also demonstrates your contribution towards a cleaner and healthier future.
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An important aspect of any business operation is ensuring that energy supply is uninterrupted, minimizing effects of any external factors. By using renewable energy sources (such as the sun, wind or water) to produce electricity, we ensure that our activities are not at risk, as these resources are available in abundance. For our customers, this means that the quality and stability of their electricity supply will not be affected by supply chain issues, by political instability or even military conflict.
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One of the key advantages offered by Rengy Development is our ability to operate independently of any volatility which prevail in the markets for oil&gas and other fossil-fuel resources. By relying on renewable energy sources, such as solar power, we offer stability and predictability. Both in terms of future prices, as well as availability of the product. Unlike the conventional energy sources, our use of renewable energy technologies means we can ensure complete certainty about our forecasts of electricity production and can ensure that our customers have a continuous supply.
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Cost-savings can be made by using renewable energy sources, which are naturally free of charge. This allows us to minimise variable costs. In addition, by controlling all aspects of the business processes within the company, from project development to implementation and maintenance,
we can significantly reduce additional costs to you. This means we can offer our customers predictable and competitive pricing and ensure that they have a stable and profitable long-term electricity supply.
Our partners can be certain that they are investing in a cost-effective and environmentally friendly energy source, which will provide them with reliable and efficient supply year after year.
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We have been active in this industry since 2009 having proven to be resilient, adapting to various regulatory changes, overcoming economic crises and global challenges such as pandemics and wars. This track record highlights not only our reputation as a financially resilient and professional entity, but also our ability to adapt to changes while also creating opportunities. More than 15 years of experience in the renewable energy sector gives our partners a sense of confidence that they are working with a proven and reliable market operator, able to anticipate and respond effectively to changing trends and challenges within the industry and the countries where we operate.
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Rengy Development stands out from among its peers as a vertically integrated group of companies offering a full range of services in the renewable energy sector. This puts us in a unique position to provide comprehensive solutions for businesses on every stage of the energy value chain. Whether it is project development, power plant construction, operations and maintenance, technical audits of assets, forecasting of energy production, electricity supply and consumption management, or ensuring efficient operation of power grids — we are able to offer complete project support.
Recent Projects
We provide tailor-made solutions for specific needs of our clients allowing efficient utilization of green electricity and its integration in their business models. This personalized approach guarantees finding an optimal balance between size of investment, reduction of energy costs, securing stable energy supply and decarbonizing the operations.
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In this project we structured and realized quite a unique approach for Ukraine, by executing a corporate PPA (Power Purchase Agreement) with an end-user (active consumer), dairy production plant. A 1 MW solar power plant was connected by direct line to the consumer which, in line with the new legislation, allows to satisfy part of the energy needs of the production plant directly from solar energy, while the rest will be supplied by Renergy using the main grid. This mechanism allows to not only decrease the energy bills, but also underlines the client’s intention to decarbonize its business operations and switch to more sustainable practices.
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In this project we were faced with an issue of reconstructing one of our solar power plants which was almost fully looted and destroyed as a result of the war and hostilities. In view of the significant deficit of electricity in this remote region, as well as Company’s responsibility towards its lenders and stakeholders, we made a decision to reinstate this power plant to its initial capacity of 13.3 MWp.
Our Group Companies
Renergy is a licensed energy trader and supplier of clean electricity with a responsive and diligent team of professionals. The Company positions itself as a supplier of specifically green electricity to corporates and businesses conscious about their carbon footprint and willing to decarbonize their operations and have a positive effect on the environment. Renergy helps its clients with tailor-made solutions aimed at decreasing their energy bills and hence the cost of their products.
These solutions may include integration of solar capacity at the client’s premises or just supply of less expensive electricity generated during specific solar hours by the Group’s power plants.
BlockMaster plays an integral role in our business value chain. It is an EPC and O&M contractor specializing in the design, construction and management of industrial solar power plants (SPP), as well as solar plants for own consumption (SPOC).
Equipped with its own fleet of construction machinery, experienced engineers and vast field personnel for both construction and operational activities, it provides tailor-made services to customers looking for quality and reliability.