Energo - CEE/FSU Power
Tashkent meeting determines core principles for Kyrgyzstan "Project of the Century" Kambarata-1 HPP
Kyrgyzstan, Uzbekistan, Kazakhstan and the World Bank have agreed on the core principles and stages of the multi-billion-dollar Kambarata-1 hydropower power plant (Kambarata-1 HPP) project.
Uzbekistan gears up for power expansion with new plants, transmission lines and digital grid systems
Uzbekistan set to expand electricity infrastructure with the construction of new power plants and energy storage facilities, supported by 7,000 kilometres (4,350 miles) of new transmission networks and the introduction of digital grid management.
Turkey awards 1.2 GW of wind power deals in tenders
$1.2bn will be invested in building five plants. Winners awarded grid connections for 49 years.
Kazakhstan mulls second NPP construction site, may build plant simultaneously with first NPP
Kazakhstan is considering Kurchatov, the former secret hub of the Semipalatinsk nuclear test site, as a potential site for a second nuclear power plant (NPP), Energy Minister Almassadam Satkaliyev told a government meeting on January 28.
South Korea's KHNP reiterates it will rely on Czech companies in the Dukovany project
CEO of South Korean Hydro and Nuclear Power (KHNP), Jooho Whang, reiterated that KHNP will rely on Czech companies to construct the new units at the Dukovany nuclear power plant.
Solar generation tops coal for first time in EU in 2024
The EU reached a key milestone in 2024 as solar power surpassed coal use for the first time in the bloc’s history.
India's L&T to develop Uzbekistan's first AI-powered sustainable data centre
Larsen & Toubro (L&T), an India-based international engineering and construction company, has secured a contract to develop Uzbekistan's first AI-enabled and sustainable data centre in Tashkent.
Ukrainian businesses delay connecting distributed generation to power grid amid market debts
Ukrainian companies have built hundreds of megawatts of distributed generation capacity to meet their energy needs, but many are refraining from connecting to the national power system due to significant payment delays in the electricity market.
Slovenia's capital to transition from coal to biomass-fired heating by 2027
Energetika Ljubljana, the public power utility serving Slovenia's capital, has announced plans to replace its coal-fired district heating system with a biomass-fired alternative.
Ukrainian DTEK plans new wind farm in Croatia
Slovenia approves EU funding for renewable energy community projects
Slovenia’s Ministry of Cohesion and Regional Development announced on January 28 the approval of European funds to support the public tender for co-financing investments in community self-sustainability of electricity from renewable energy sources.
Cameco and Kazatomprom joint venture Inkai resumes uranium production
Canadian Cameco’s joint venture project, JV Inkai, in Kazakhstan has resumed uranium production, according to an announcement made by Kazatomprom, the Central Asian country’s national uranium producer.
Kazatomprom reports 10% y/y increase in uranium output
Kazakhstan's national nuclear company Kazatomprom has reported a 10% increase in uranium production in 2024. Output reached 23,270 tonnes, the company said in its 4Q24 results and trading update released on January 27.
Czech-based Doosan Skoda Power announces IPO
Producer of energy equipment Doosan Skoda Power, based in Pilsen, Western Bohemia, has announced its upcoming IPO at the Prague Stock Exchange.
EU gives Moldova €30mn as short-term fix to energy crisis and promises longer-term plan
Targeted support to restore electricity and heat supply in the separatist Transnistria region.
Romanian energy minister slams EU’s "green shock therapy"
Sebastian Burduja’s comments align with growing resistance to EU green policies in Central and Eastern Europe.
BP eyes late-2024 ACG gas output, invests $200mn in solar, restores Shah Deniz platform
BP Azerbaijan expects first production under the Azeri-Chirag-Gunashli (ACG) gas development project by late 2024, according to BP Azerbaijan spokesperson Tamam Bayatli.
North Macedonia’s minister highlights success of domestic electricity exchange
North Macedonia's domestic electricity exchange has seen significant progress over the past two years, with 37 registered participants trading more than 1.3 terawatt hours of electricity.
Kosovo’s KOSTT enhances energy infrastructure with strategic investments
Kosovo's electricity transmission system operator, KOSTT, announced on January 27 the successful implementation of a series of strategic energy infrastructure projects, worth over €13mn.
PANNIER: Taliban’s relations with Central Asia imperilled as Trump turns off aid taps
Afghanistan pays for electricity and food imports with US development assistance. No more?
EBRD lends €35mn to Montenegro’s CEDIS for energy sector digitalisation
The European Bank for Reconstruction and Development (EBRD) said on January 27 that it is lending up to €35mn to Montenegro’s electricity distribution company CGES for digitalisation of the energy sector.
Ulaanbaatar adopts new asset class, OTC bond placement to IFC will finance 50-MW BESS
The Governor’s Office of Ulaanbaatar has issued its first OTC market bond through a private placement to the World Bank Group’s International Finance Corporation (IFC), with the funds raised to finance a 50-megawatt battery energy storage system.
Slovenia’s electricity output drops in December
Slovenia’s total net electricity generation reached 1,275 GWh in December 2024, marking a 5% decrease compared to November and a 4% decline from December 2023.
Uzbekistan boasts Central Asia’s best wind and solar energy potential, says expert
At the same time, projects face difficulties including corruption, resource management inefficiencies and climate threats such as sandstorms.
Mongolia reportedly anticipates multi-billion-dollar green hydrogen, renewable energy agreements with Saudi Arabia
Mongolia reportedly expects to ink several billion dollars’ worth of green hydrogen and renewable energy agreements with Saudi Arabia in coming months.
Kosovo’s KEK launches major rehabilitation project for Kosovo A thermal power plant
The Kosovo Energy Corporation (KEK) has launched the tender for the first phase of the upgrade of unit A3 at the Kosovo A thermal power plant.
Ukraine offers coal and experts to settle Transnistria’s energy crisis without Russia
If Ukraine solves the energy crisis in Moldova, it would thwart Russian efforts to exploit the crisis to pursue its political interests in Moldova.
NLB partners with MK Fintel Wind to expand Kosava wind farm in Serbia
Slovenia’s NLB Group and its subsidiary, NLB Komercijalna banka, have signed an agreement with MK Fintel Wind to finance the expansion of the Kosava wind farm in Serbia,
Ukraine’s DTEK ready to expand in Moldova
Ukraine’s DTEK energy holding is ready to help Moldova ensure its energy stability, said its CEO Maksym Timchenko following a meeting with Moldovan Prime Minister Dorin Recean on the sidelines of the World Economic Forum.
North Macedonia’s gross power generation down 4.5% y/y in November
North Macedonia’s gross electricity generation fell by an annual 4.5% to 541.4 GWh in November, with domestic production accounting for 82.3% of the country’s gross domestic consumption.
NLB Group to finance expansion of Kosava wind farm in Serbia
NLB Komercijalna Banka and its parent company, Slovenia's NLB Group, have secured a financing agreement with MK Fintel Wind to expand the Kosava wind farm in northeastern Serbia.
DTEK invests €450M in Eastern Europe’s largest wind farm project since 2013
Ukrainian energy company DTEK is investing €450mn to expand the Tyligulska Wind Power Plant, marking the largest private investment in Ukraine since the Russian invasion began.
Ukraine sees record electricity imports amid energy infrastructure challenges
Ukraine imported nearly 4.5mn megawatt-hours (MWh) of electricity last year, marking the highest level in 11 years.
Consortium of Lorinc Meszaros wins first CCGT power plant tender in Hungary
The consortium led by Status KPRIA, a company owned by Lorinc Meszaros, has won the first tender to build a combined-cycle gas turbine power plant. The consortium offered to construct the new plant, at Visonta, northern Hungary, for €14.7mn.
Kosovo's Ferizaj 3 power substation becomes operational
Kosovo’s Ministry of Economy announced on January 23 that the new Ferizaj 3 power substation has officially begun operations, marking a significant step towards improving the region's power supply.
Dutch firm Vitol dominates auction for electricity from Slovenia's Sostanj power plant
At a public auction held on January 9 for the sale of electricity produced at Slovenia’s Sostanj thermal power plant (TES), the Dutch company Vitol Gas and Power emerged as the largest buyer.
Russian coal industry could normalise in 2027
The ongoing coal industry crisis in Russia and globally will continue until at least 2027, while the problems of Russian miners are multiplied by risks of access to foreign markets and logistical constraints.
Poland's PGE eyes acquisition of ZE PAK gas power project and nuclear stake
Poland's largest listed utility, the state-controlled PGE, reached a preliminary agreement to acquire the PAK CCGT gas-fired power plant project from ZE PAK, another listed utility.
Kazakhstan’s first NPP construction project to address sanctions risks
Contracts for the construction of Kazakhstan's first nuclear power plant (NPP), with a planned capacity of 2.4 gigawatts (GW), are set to include specific clauses addressing sanctions risks.
Czech energy utility CEZ to invest CZK80bn into decarbonisation of power plants
The majority state-owned Czech energy utility CEZ is to invest CZK80bn (€3.2bn) by 2030 into decarbonisation and modernisation measures at heat power plants.
Albania awards €13.9mn floating solar project to Chinese-Spanish team
A Chinese-Spanish consortium has won a €13.9mn contract to design, build, and operate a 12.9-MW floating solar power plant on Vau i Dejes lake in Albania.
United Group invests €120mn in renewable energy project in Bulgaria
United Group, a leading telecommunications and entertainment provider in Southeast Europe, said it is entering the green electricity generation market with an initial €120mn investment in three solar power plants and a wind farm in Bulgaria.
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