Energo - CEE/FSU Power

CWP Global to develop Serbia's biggest wind power plant

Renewable energy company CWP Global plans to develop a major wind power plant in northern Serbia with a total capacity of 450 MW.

Romania turns into net electricity exporter as consumption drops by 8.8% y/y in Q1

Fortum to "close book" on Russian green power unit after Putin $1.8bn takeover

The state-owned Finnish utility Fortum said it will “close the book” and remove its Russian business from its balance sheet.

Croatia to add 2.5 GW new renewables by 2030

Croatia plans to ramp up its renewable energy capacity by the end of the decade, said the country’s economy minister, Davor Filipović. “Our goal is to have more than 2.5 GW of new renewable energy sources by 2030," he said.

Kosovo issues tender for 100 MW solar power project

Azerbaijan increased electricity production by 6.5% in January-April

EBRD greenlights 5-year strategy for Croatia

Montenegro signs MoU with US partners for construction of LNG terminal

Romania to see 32% jump in electricity generation by 2030, mostly renewables

Romania's total installed power capacity is set to jump by roughly 32% in 2030 compared to 2020, mainly due to installing new wind and solar energy capacities amounting to 2.302 GW and 3.692 GW respectively, said a report by McKinsey.

Pan-European EV charging network operator Allego sets up unit in Lithuania

Fortum takes €3.5bn impairment hit in Russia

Finnish renewable major Fortum booked a €1.7bn impairment charge and deconsolidation-related translation differences of €1.9bn in the second quarter, Tass reported citing the reports of the company.

ENERGO: Fortum takes €3.5bn impairment hit in Russia

CEZ Q1 profit plunges 60% to CZK10.8bn

Croatia has potential offshore wind capacity of up to 25 GW

Croatia could rival Europe's entire offshore wind power capacity, says EBRD-funded research on Croatia's offshore wind potential.