Roughly 70 wind turbines totalling 250MW are expected to be installed in the southern Kherson region of the country.
All the energy produced will be supplied to the Ukranian national grid.
The volume of investments in the project is estimated at €370 million.
This is the second large wind project announced in the Kherson region this month after Austrian developer OW Wind.KG announced plans to build wind farms in the area in early August.
Ukraine has just under 600MW of installed wind capacity, according to Windpower Intelligence, the research and data division of Windpower Monthly.