Energo - CEE/FSU Power

Most green energy beats coal on price in 2020

162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020

Iran claims thwarting of attempted sabotage attack on Karaj nuclear facility

Spanish contractor appeals termination of contract by Romania’s Romgaz

Hungarian state utility giant MVM gets investment-grade ratings from S&P, Fitch

EBRD and ADB provide $110mn for Tajik power utility

Iranian police seize 7,000 computer crypto miners, US seizes Iran linked websites

North Macedonia cuts VAT on electricity from 18% to 5% for one year

Slovenian energy group HSE posts net loss of €184.2mn in 2020

ENERGO: Romgaz terminates contract for 430-MW power plant but seeks to complete project

Kyrgyz energy ministry announces solar energy projects

PKN Orlen set to choose contractor for Ostroleka power plant

Completion of Tajik-led CASA-1000 electricity transmission project suspended until 2024

Albania launches first wind power tender

Tirana is seeking to set up wind and solar generation to reduce reliance on hydropower.

Iran's Bushehr nuclear plant 'forced into emergency shutdown'

Montenegro’s EPCG hopes to complete Komarnica HPP project in November

Pilot green hydrogen production project kicks off in Lithuania

VSMPO-Avisma sells 4.35% stake in RusHydro to Rusal

Hungary joins pan-European day-ahead power market

Kazakhstan to launch Central Asia’s largest wind farm by end of June

Turkmenistan bans citizens with gas utility debts from buying subsidised food

Uzbekistan aims to add “competitiveness” to electricity market

Prysmian wins €140mn submarine power cable contract from Turkey

Elektrodistribucija Srbije separated from Elektroprivreda Srbije

Erste Group arranges €51mn financing for first private wind project in North Macedonia

North Macedonia aims to increase its national renewables capacity to above 50% by 2024.

Green for Growth Fund to invest €3.5mn in 36-MW North Macedonian wind farm

The Green for Growth Fund (GGF) has advanced €3.5mn to Thor Impex, its first ever equity investment, to partially fund the construction and operations of a 36-MW wind farm near Bogoslovec in North Macedonia.

Hollywood star DiCaprio urges Bosnian Federation government to ban construction of small hydropower plants

Serbia embarking on new investment cycle in energy worth €17bn, minister says

Russian government tweaks 50% dividend payout rule for state companies

Russia's Prime Minister Mikhail Mishustin signed a new order on dividend payments for state companies, which brings clarifications to adjusted net income calculations for paying at least 50% of IFRS net profit, Izvestia reports.

Renewable sources of energy provided nearly 18% more power in Hungary in 2020

Mongolia’s coal exports projected to drop drastically due to COVID-19

Kazakh government to issue permit for uranium mining at Zhalpak deposit to Kazatomprom