Karpowership signs MOU with Ukrainian utility to provide offshore electricity

In Turkey, Karpowership has signed a Memorandum of Understanding with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and to fast track the use of floating power stations to alleviate the nation’s energy crisis.

Karpowership, which provides reliable and flexible floating electricity solutions across 13 countries, and ECU — a purchaser, seller and supplier of energy resources — will work alongside national and international organizations to develop and finance the implementation of 500 MW, enough to power over 1 million households.

Karpowership’s vessels are multi-fuel enabled, operating on either liquefied natural gas, low sulphur fuel oil or biodiesel.