Energo - CEE/FSU Power

22 May 2026

Russia plans to build nine fast-neutron nuclear power units by 2042

21 May 2026

Russia plans to build nine fast-neutron nuclear power units by 2042 as part of its long-term electricity generation strategy, according to Alexander Lokshin, first deputy director-general of the state nuclear corporation Rosatom.

Slovak electricity producer SE reports rise in net profit to €979mn in 2025

21 May 2026

The largest electricity producer in Slovakia, the power company Slovenské elektrárne (SE), reported a net profit of €979.03 last year, which is up by more than 20% year-on-year.

Kazakhstan launches first pilot project for green hydrogen production

21 May 2026

Kazakhstan launched its first full-cycle pilot project for green hydrogen generation during the Fourth International Seminar on Hydrogen Energy held in Atyrau at the local branch of KMG Engineering, a subsidiary of KazMunayGas.

Study estimates Tajikistan could recover 10,000 tonnes of uranium ore from waste sites

20 May 2026

Tajikistan could recover around 10,000 tonnes of uranium ore if dumps made up of the material in the north of thre country were reprocessed, according to a study.

Solar, wind surpass coal in Turkey’s electricity generation for first time

20 May 2026

Electricity generated from solar and wind energy exceeded coal-fired power generation in Turkey for the first time in April, according to data from Energy Exchange Istanbul (Epias).

Turkish floating power plant operator Karpowership poised to assist Iraq, says report

19 May 2026

Turkish floating power plant operator Karpowership was on May 18 poised to provide Iraq with emergency electricity supplies within days, according to a local report.

Ukraine secures financing for wartime energy storage and bioenergy projects

19 May 2026

Ukraine has secured financing for a major energy storage facility backed by international insurance coverage, while plans are advancing for a new bioenergy complex in the country’s west, as Kyiv seeks to strengthen its energy resilience.

Poland's Polenergia Q1 EBITDA misses consensus on weaker wind, normalising prices

19 May 2026

Poland's renewables-focused power group Polenergia reported on May 18 its estimated results for Q1 2026, with core earnings landing below market expectations due to less favourable weather conditions and a normalisation of energy prices.

TMK Energy, largest Mongolian LPG company Dashvaanjil link up for gas-to-power projects

18 May 2026

TMK Energy (ASX:TMK) on May 18 announced in a stock market filing that it has entered into a gas-to-power memorandum of understanding (MoU) with Dashvaanjil Group, Mongolia’s largest liquefied petroleum gas (LPG) import and distributor.

Serbia’s power utility EPS posts €129mn profit in first quarter

15 May 2026

Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) reported a net profit of RSD15.1bn (€129mn) in the first quarter of 2026, exceeding both its business plan and year-earlier performance.

Romania's Hidroelectrica reports 2.2 times y/y larger profit in Q1 on stronger output

15 May 2026

Hidroelectrica (BVB: H2O), Romania’s largest state-owned energy producer with a market capitalisation of RON80bn (€15.4bn), reported a 2.2-fold increase in net profit year-on-year.

Ukraine plans post-war energy system centred on nuclear power

15 May 2026

Ukraine plans to rebuild its post-war energy system around nuclear generation while significantly expanding renewable energy capacity, as the country prepares for long-term reconstruction following repeated Russian attacks on critical infrastructure.

Mongolia’s SouthGobi swings to 1Q operational profit, advises on outlook for coal in China’s energy mix

14 May 2026

Mongolia’s SouthGobi Resources (HKEX:1878, TSX-V:SGQ) coal miner on May 14 announced in a press release its financial and operating results for the first quarter, recording a $4.6mn profit from operations.

Turkey identifies four zones for first offshore wind energy tenders

14 May 2026

Four sites off Turkey’s western coast have been designated candidate zones for the country’s first offshore wind energy projects.

Kyrgyz civil servants told to toss the jacket and tie to cut office use of power for air cooling

14 May 2026

Kyrgyz civil servants have been instructed to forgo jackets and ties in the office during the hot months in order to reduce electricity consumption required for air conditioning.

ENKA, GE Vernova launch 852-MW gas-fired Kirklareli power plant in Turkey

14 May 2026

Istanbul-based ENKA Insaat ve Sanayi (IST: ENKAI) and Massachusetts-based GE Vernova Inc (NYSE: GEV) on May 12 announced the start of commercial operations at the 852-megawatt (MW) Kirklareli power plant in Turkey.

German wind turbine maker ENERCON commits to setting up rotor blade factory in Turkey

14 May 2026

Germany’s ENERCON said on May 13 in a press release that it will establish a rotor blade production facility in Bergama, western Turkey, for its E-175 EP5 E2 onshore wind turbine.