Company
Reducing emissions
Produced electricity
Our management team has vast experience in engineering and finance, which, combined with our hands-on renewable energy development experience, as well as with the wide network of our industry partners worldwide, provides us with the necessary capacity and motivation to deliver high quality projects from inception to maturity.
To date we have been growing organically, developing projects from greenfield stage through maturity and power production. We continually enlarge our development pipeline both geographically, as well as horizontally and vertically, adding new business segments to complement our value chain. Apart from our primary market in Ukraine, we are actively developing new opportunities in such countries as Romania, Armenia and Cyprus, having established presence on the ground.
In addition to our traditional electricity sales approach under long-term FiT mechanism, we have also started exploiting new business models, such as corporate PPAs, merchant sales on the energy market, as well as solar plants dedicated and connected with direct line to large industrial consumers. These business models are quite new for the market, but we are proud to be one of the first to pave the way for the industry to further grow and attract new investment and long-term funding.
Value Chain
Mission and Goal
History
To date we have developed, designed, financed /co-financed, constructed and commissioned 19 power plants with a total capacity of 160 MWp.
This is in addition to the projects where we have acted as EPC and O&M contractor for third parties. During the course of our organic development we have exited from a few power plants after reaching COD, which has allowed us to reinvest the funds in the development and deployment of larger projects.
Strategy
To date the Company has been growing organically. We intend to continue developing our pipeline consisting of several hundred MW of power plants across our focus markets. However, in order to boost the growth rates and leverage on our experience, we are considering also consolidation strategy and acquisition of brownfield projects where we can identify inefficiencies and benefits from synergies.
As key to our strategy we plan to prioritize markets where we can add maximum value. All of these markets will share growing demand for renewable energy, a dedicated green agenda, low current penetration and hence high potential for development of renewables. These are the markets which are close to us by geography, allowing more efficient use of construction and development resources that we have, as well as markets which share similar or comparable economic development history, where we can replicate and leverage our experience and relationships with partners and counterparties.
We also believe that engagement with policymakers, local communities and frontrunners of change is key for the success of the industry in general and for our Company in particular. We take an active role in policy dialogue, participate in expert groups and contribute to the development of not only the regulatory framework, but also of the mindset of communities aiming to switch from fossil fuel based economies to renewable and sustainable development models.
Rengy Development is optimistic towards the coming decade and plans to accelerate its efforts aimed at sustainable development and decarbonization.
We feel comfortable and strong in challenging environments, having become used to adapting to the changing rules and legislations, business models and market needs. We consider this adaptation skillset as being one of our main competitive advantages. Our experience shows that the main challenge in our industry is not related to financing or strong regulatory support, but rather to consistently creating, managing and delivering successful bankable projects. For these purposes we have created an organizational structure which brings the main risks under our control and allows managing timelines, quality and costs. We will continue building on these core competencies, while seeking new investment opportunities in our core and new markets.
Environment and CSR
Corporate
Social
Responsibility
(1333 hectares)
(1287 hectares)
To date we have directly or indirectly financed, managed and participated in numerous activities ranging from energy efficiency support for schools, to modernization of water supply systems and road infrastructure, and planting of trees in local towns, as well as supporting with energy or technological equipment to the communities in need.
List of activities 
In addition, the Company aims to employ both temporary/seasonal and permanent workers from the local communities, who pass through Company trainings and adhere to our health & safety standards. This allows bringing additional financial benefit to the local budgets and stir economic activity.
Vacancies
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Executive Assistant (Odesa)Block Master Ukraine is seeking a reliable and efficient executive assistant with strong organizational and communication skills to join its team in Odesa.
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Production and Technical Department (PTD) Engineer with a Specialization in Power Engineering (Odesa)seeking a Production and Technical Department (PTD) Engineer specializing in power engineering to join our Odesa office.
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Electric Vehicle (EV) Charging Station Business Development Manager (Kyiv)We're seeking a responsible and ambitious business development manager for electric vehicle (EV) charging stations to join our Kyiv office.
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Solar Power Plant Business Development Manager for Industrial Consumers (Kiyv)We are looking for an experienced and dedicated business development manager for solar power plants for industrial consumers in our Kyiv office.
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Industrial Energy Storage Systems (BESS) Business Development Manager (Kyiv)We're seeking a responsible and ambitious business development manager for industrial energy storage systems (BESS) to join our Kyiv office.
