Innovative partnership between Ermineskin Cree Nation and TIU Canada marks
first year anniversary

Calgary, AB September 24, 2024 – The Ermineskin Cree Nation and TIU Canada Ukraine Holdco Ltd. (“TIU Canada”) announced are proud to mark the first-year anniversary of their innovative partnership to build and operate the 13.3MW Gleichen Solar Project.

The Project is located near the southeastern Alberta hamlet of Gleichen. Construction started in June 2024 with the project expected to come online in early 2025.

The Ermineskin Cree Nation is one member of the Four Nations of Maskwacis, Alberta – located in Central Alberta about fifty miles south of Edmonton on Highway 2A, halfway between the towns of Ponoka and Wetaskiwin. The Ermineskin Cree Nation owns 51% of the Project through the Nation’s Economic Development arm, the Neyaskweyahk Group of Companies Inc. (NGCI).

Based in Calgary, AB, Canada, TIU Canada is an international independent renewable power producer that is executing a global strategy for net-zero power generation with projects in operation and under construction in Canada, Poland, and Ukraine. TIU Canada has a proven track record of successfully developing and operating renewable energy projects throughout the world.

TIU Canada will be leading the Project through Construction and Operations while NGCI members serve on the corporate board, provide strategic guidance and oversight, and build capacity in renewable execution.

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Media Contact:
Blaise Boehmer
403-312-9553
[email protected]

Warsaw, Poland, August 29, 2024 — TIU Canada finished constructing its newest solar power plant in Poland. The station is located near the town of Działoszyce in the country’s south. This station becomes the first one by TIU Canada in Poland and will serve the nearest cities with clean and renewable energy. The total output of the station is 4,7 MW, with 14 592 solar panels installed. Our initiatives aim to provide sustainable, clean energy solutions while creating job opportunities and fostering local economic growth. The company is committed to addressing complex energy challenges and ensuring environmental responsibility.

“This is our first solar plant in Poland, and we were glad to bring our expertise and knowledge gained throughout the years to the benefit of the local community,” stated CEO of TIU Canada Michael Yurkovich. “Działoszyce solar power plant is already online and will provide clean electricity to residents and businesses in the area.”

TIU Canada is a leading Canadian-based solar energy producer that has been working in Ukraine since 2016. It has invested over $65 million in Ukrainian solar energy and was the first investor in Ukraine under the Canadian-Ukrainian Free Trade Agreement (CUFTA).

Warsaw, Poland, June 20, 2023 — TIU Canada, a leading Canadian-based solar energy producer, is proud to announce its expansion into Poland. With a successful track record in Ukraine since 2016 TIU Canada is now bringing its expertise and commitment to renewable energy to Poland. The company has commenced the construction of a new solar power plant near the town of Działoszyce and has also opened an office in Warsaw, the capital of Poland.

Michael Yurkovich, CEO of TIU Canada stated, „Solar energy is not merely an alternative, it represents the future. Our expansion into Poland reflects our confidence in solar power as a clean, efficient, and sustainable energy source. We are eager to bring our expertise to Poland and collaborate towards a brighter, greener future.”

TIU Canada is a leading Canadian-based solar energy producer that has been working in Ukraine since 2016. It has invested over $65 million in Ukrainian solar energy and was the first investor in Ukraine under the Canadian-Ukrainian Free Trade Agreement (CUFTA).

(Kyiv, Ukraine) – TIU Canada, a leading solar energy producer in Ukraine, donated winter clothes to the Ukrainian military in early spring of this year. More than 1000 items have been delivered to Kyiv and distributed by partners of TIU in early March. The clothes included winter drawers, fleece coats, thermal underwear, socks, and cold-weather jackets. Company CEO Michael Yurkovich said, “While the winter has ended the cold weather still persists in Ukraine, that’s why we partnered with local NGO “Help Ukraine 22 – Operation Palyanytsya” who managed the logistics of this project and delivered the supply of winter clothes to the Ukrainian military. We continue to support Ukraine in a time of need and will continue to do.”

In addition, TIU Canada will be donating supplies to Ukrainians in need, including hundreds of flashlights, sleeping mats, and post-operative medical kits. The donations are part of TIU Canada’s ongoing corporate social responsibility efforts in the communities where it works.

TIU Canada is owned by the Calgary-based Refraction Fund 1 and has been working in Ukraine since 2016. The company currently operates 43 megawatts of electricity production in three solar stations. TIU Canada has invested more than $70 million USD in Ukrainian solar energy and was the first investor in Ukraine under the Canadian Ukrainian Free Trade Agreement (CUFTA).

(Kyiv, Ukraine) – TIU Canada, a leading solar energy producer in Ukraine, is donating generators to Ukrainians affected by the electricity blackouts. These fuel-operated generators will provide electricity to Ukrainian families in Nikopol and other cities affected by the war. Company CEO Michael Yurkovich said, “At TIU Canada we produce electricity on a large scale, and while our solar stations continue operating during the war, the attacks on the energy infrastructure are sometimes preventing our electricity from getting to the people. That is why the best way to help Ukrainians now is to fill the gap by providing small generators to produce electricity”.  The generators are being delivered to reliable NGO partners.

In addition,  TIU Canada will be donating supplies to Ukrainians in need, including hundreds of flashlights, sleeping mats, and post-operative medical kits.  These humanitarian and medical supplies are being shipped to Ukraine and will arrive this month.  The donations are part of TIU Canada’s ongoing corporate social responsibility efforts in the communities where it works.

“We believe in Ukraine and that is why we are providing this support now when the country is in need. We are also supportive of the Canadian government’s efforts to help Ukraine including the recent announcement by Prime Minister Justin Trudeau that the government is providing $55 million to assist with winterization needs.   Our efforts will complement that Canadian government efforts at the local level” said Yurkovich.

TIU Canada is owned by the Calgary-based Refraction Fund 1 and has been working in Ukraine since 2016. The company currently operates 54 megawatts of electricity production in three solar stations. TIU Canada has invested more than $65 million USD in Ukrainian solar energy and was the first investor in Ukraine under the Canadian Ukrainian Free Trade Agreement (CUFTA).

(Calgary, Ukraine) – TIU Canada, a prominent solar energy production company, has signed an agreement with the Siksika Nation to create a joint venture in the sphere of renewable energy projects.  The partnership was created for the development of the Gleichen Solar project located in Wheatland County on 72 acres of land and located in Siksika Nation’s traditional territory.   Using its successful experience in renewable energy projects around the world, TIU Canada will jointly build solar energy production facilities in Alberta with the Siksika Nation.мм

The agreement was signed on June 1, 2022, with Vlad Lizunov, Director on behalf of TIU Canada, and Shane Breaker Interim CEO, SRDL on behalf of the Siksika Nation.  Shane Breaker said, “The Siksika Nation is exploring the opportunities in the solar energy industry and by partnering with TIU Canada to develop a local solar project in our territory, we will begin to participate in this new industry for future growth”. TIU Canada Company President Michael Yurkovich added, “We are excited about the powerful partnership possibilities of this joint venture.    This project will bring jobs, clean energy, and investment in Alberta.”  Formal approvals and power purchasing agreements are expected to be completed in the coming months.

TIU Canada is a solar energy producer, established and managing solar power projects since 2016. Currently, TIU Canada operates 45 megawatts producing clean electricity.  

Kyiv, Ukraine, September 10, 2021 — On September 9, TIU Canada’s Vita Solar power plant received a recommendation letter from the European Bank for Reconstruction and Development (EBRD). This commendation underscores Vita Solar’s status as a client in good standing and strongly recommends the company to other financial institutions and business partners.

„We are thrilled to receive this recommendation from the EBRD,” said Michael Yurkovich, CEO of TIU Canada. „This serves as a testament to the hard work and dedication of our team in maintaining the highest standards of operation and financial conduct. It also reinforces our position as a reliable and trustworthy partner in the global renewable energy sector.”

TIU Canada has been at the forefront of the solar energy industry, contributing significantly to the shift towards sustainable and green energy solutions. The company’s Vita Solar powerplant, recognized, provides clean energy to approximately 500,000, and the renewable energy it produces is equivalent to reducing 13,000 tonnes of CO2 per annum.

TIU Canada is a leading Canadian-based solar energy producer that has been working in Ukraine since 2016. TIU Canada has invested more than $65 million in Ukrainian solar energy and was the first investor in Ukraine under the Canadian-Ukrainian Free Trade Agreement (CUFTA).

Recommendation for Vita Solar

Congratulates Presidents Biden, Zelensky on Launch of U.S.-Ukraine Strategic Energy Dialogue

(Kyiv, Ukraine) – TIU Canada, a major foreign investor in Ukrainian solar energy congratulates President Biden and President Zelenskyy on their bilateral summit this week in Washington, DC, while calling for the swift resolution of Ukraine’s unpaid renewable energy arrears. The U.S. and foreign investors are owed outstanding payments of close to $800 million.

During a meeting with President Zelenskyy, U.S. Secretary of Energy Jennifer Granholm and Ukraine Minister of Energy Herman Galushchenko signed a Joint Statement of Intent to advance energy and climate cooperation through the U.S.-Ukraine Strategic Energy and Climate Dialogue. The dialogue launches a platform to accelerate Ukraine’s energy transition and EU integration and will facilitate closer cooperation between the United States and Ukraine both in the government and private sector.

“Ukraine’s failure to abide by its renewable energy contractual obligations with the U.S. and foreign investors is a source of significant concern and a worrying signal for the country’s investment climate,” said TIU Canada President Michael Yurkovich. “I applaud both governments on the re-launch of the U.S.-Ukraine Strategic Energy Dialogue. My company stands ready to participate in this powerful platform and forum for moving this issue towards resolution,” Yurkovich added.

TIU Canada is a leading Canadian-based solar energy producer, which has been working in Ukraine since 2016 and is a leading solar energy producer. The company commissioned a 10.5-megawatt solar power plant in Nikopol, Ukraine, in January 2018, and an 11.3-megawatt solar station in the Mykolayiv region in April 2019. An additional 33 megawatts of solar power generation has been commissioned in the Odesa region, for a total of 56 megawatts nationwide. TIU Canada has invested more than $65 million in Ukrainian solar energy over the last four years and was the first investor in Ukraine under the Canadian Ukrainian Free Trade Agreement (CUFTA).

Kyiv, Ukraine – TIU Canada has begun construction of a new solar plant near Kalynivka village, in the Mykolaiv region. The new project is called Vita Solar, with a planned peak capacity of 13,5MW, covering an area of 20.2 hectares. The solar panels are produced by Longi Solar, and the inverters are produced by SMA.

Mykolaiv region has one of the best locations for solar radiation in Ukraine. The measurements from Kalynivka show that the levels of solar radiation are at 1551 kW/m2. This plant will help to reduce carbon dioxide emissions by 18,212 tons per year.

Valentyna Beliakova, Country Director of TIU Canada in Ukraine said: “We have carefully selected the new site for this station, technically and logistically it is one of the best locations that are available to us”.  

Michael Yurkovich, President of Refraction Asset Management, the holding company for TIU Canada said: “Following the completion of our first project in Nikopol, this is a logical next step. This station will uphold the high standards that we set for everything that we work with – starting from the materials and ending with our EPC contractor, Helios Strategia.”The plant will be commissioned later this year and will begin the generation no later than January 2019.

TIU Canada started its operations in Ukraine in June 2017, when the construction of the Nikopol solar plant begun.  TIU Canada is owned by Refraction Asset Management, out of Calgary, Alberta.