<div class="svg-wrapper">
  <svg height="166" width="166" xmlns="http://www.w3.org/2000/svg">
    <circle cx="83" cy="83" r="81" class="shape" height="166" width="166"></circle>
    <div class="text">kW</div>
  </svg>
</div>

html, body {
  background: rgb(20,20,20);
  text-align: center;
  height: 100%;
  overflow: hidden;
}
.svg-wrapper {
  position: relative;
  top: 50%;
  transform: translateY(-50%);
    margin: 0 auto;
  width: 164px;  
}
.shape {
  stroke-dasharray: 0 540;
  stroke-dashoffset: -474;
  stroke-width: 1px;
  stroke: #19f6e8;
  border-radius: 100%;
  transition: stroke-width 1s, stroke-dashoffset 1s, stroke-dasharray 1s;
}
.text {
  font-family: 'Roboto Condensed';
  font-size: 22px;
  line-height: 164px;
  letter-spacing: 8px;
  height:164px;
  color: #fff;
  top: 0;
  position: absolute;
  left:0;
  width:164px;
  text-align: center;
}
.svg-wrapper:hover .shape {
  stroke-width: 2px;
  stroke-dashoffset: 0;
  stroke-dasharray: 760;
  border-radius: 100%;
}