Energo - CEE/FSU Power
Westinghouse hires seven more Bulgarian companies for two new reactors at Kozloduy NPP
US Westinghouse Electric said it has signed memoranda of understanding with seven Bulgarian firms to strengthen the local supply chain for the planned deployment of two AP1000® nuclear reactors.
Montenegro’s EPCG to end 2025 with significant loss amid repair of Pljevlja coal plant
Montenegro’s state-owned power company Elektroprivreda Crne Gore is expected to end the year with a significant financial shortfall due to the months-long overhaul of the Pljevlja coal-fired power plant.
Croatia interested in small modular reactors, minister says
Croatia is preparing to invest in small modular nuclear reactors as part of its long-term strategy to secure electricity production and transform the country into a nuclear energy player.
Czech Kretinsky’s EPETr to acquire 50% share in German brown coal electricity plant Lippendorf
EP Energy Transition (EPETr) of EP Group, controlled by the Czech energy and media oligarch Daniel Kretinsky, is to acquire a 50% share in the German brown coal-fired electricity plant Lippendorf.
Russia files WTO complaint against EU's carbon border adjustment mechanism
Russia argues the measure violates global trade rules and unfairly restricts access for non-EU producers.
Ukraine may allocate Chernobyl Exclusion Zone land for small modular reactors
Ukraine is considering allocating plots of land within the Chernobyl Exclusion Zone for the installation of small modular reactors (SMRs).
Russia pushes to grow its influence in Africa’s nuclear future
Russia, under sanctions from the West over the war in Ukraine, is using nuclear partnerships to grow its influence in Africa.
Equinor and Polenergia greenlight €6.4bn offshore wind investment
Listed Norwegian energy company Equinor and its Polish peer Polenergia have approved final investment decisions for the construction of the Bałtyk 2 and Bałtyk 3 offshore wind farms.
Alternative energy company Alteo reports higher revenues but lower profits in Q1
Alternative energy company Alteo reported double-digit revenue growth in nearly all business segments during Q1, except energy services, the BSE-listed company announced on May 19.
South Korean KHNP is to file complaint against blocking of the Czech Dukovany nuclear tender
South Korean Hydro and Nuclear Power (KHNP) will file a complaint against the blocking of the Dukovany nuclear tender. “We think that the current situation can cause significant damages to Czech national interests as well as to the KHNP company."
Slovenia approves 30-MW solar power project
Slovenia’s government has approved the 30-MW Zlatoličje-Formin solar plant, which is set to be developed by Dravske Elekrarne Maribor (DEM).
Kosovo’s gross available electricity up 3.3% y/y in March
Kosovo’s gross available electricity in March went up by an annual 3.3% to 671.3 GWh, data from the country’s statistics institute indicated.
Slovak PM Fico says USA is the only supplier capable of securing new nuclear units
Fico made the comments in connection with his recent talks with the US Westinghouse.
S&P welcomes Russia’s coal industry support measures
The proposed Russian government measures to support ailing coal producers “may provide the suppliers with a much-needed boost for exports in the coming months”.
Azerbaijan’s electricity generation up 1.6% in January-April
Azerbaijan generated 8,789.8mn kWh of electricity in the first four months of 2025, marking a 1.6% y/y increase, according to the State Statistics Committee.
Bulgaria’s EEEC issues €500mn debut Eurobond
Eastern European Electric Company (EEEC), the energy sub-holding of Eurohold Bulgaria, which runs Electrohold Group, has successfully completed its debut bond issue with an aggregate principal amount of €500mn.
Rising electricity prices hit Ukrainian industry as plants halt production
A sharp rise in electricity prices is putting pressure on Ukraine’s industrial sector, with some enterprises suspending operations due to a loss of competitiveness.
World Bank backs Kazakhstan’s $29.7bn infrastructure modernisation plan
The World Bank has confirmed its readiness to support Kazakhstan’s sweeping national project to overhaul the country’s energy and utility infrastructure.
ČEZ reports earnings of CZK12.8bn in Q1 of this year as Dukovany nuclear project is delayed
Czechia’s dominant majority state-owned energy utility, the Prague-listed ČEZ, reported a net profit of CZK12.8bn (€0.5bn) in the first quarter of this year, surpassing expectations of local market analysts.
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