Energo - CEE/FSU Power

ExxonMobil says world will fail to meet Paris goal in 2050

Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.

Google to sell digital maps to solar companies

Web and mapping giant Google expects to earn $100mn in the first year of selling maps to solar companies, according to several news outlets.

Bulgaria invites Slovenia to join project for new reactors at Kozloduy NPP

Bulgaria has invited Slovenia to join a project for the construction of new reactors at its Kozloduy nuclear power plant. Sofia has already invited Greece to also join the project.

Nuclear power generates nearly half of Ukraine's electricity needs

Nuclear power led the way in Ukraine’s electricity production in the first seven months of 2023, Ukraine Business News reported on August 30.

Romania’s TeraPlast receives RON5.5mn through PNRR for new photovoltaic plant

Romanian Simtel completes first phase of solar PV park project

EDB is to fund Armenia's first independent 50-MW power unit at Hrazdan TPP

Unlike previous ventures backed by government guarantees for electricity purchases, this initiative is financed by a $26mn loan from the Eurasian Development Bank (EDB) to H Energy Solutions, a subsidiary of the Tashir Group.

Romania’s Globalworth furthers sustainability commitment with new solar installation

Serbia contemplates electricity price increase before end-year

Opinions split in village where Kazakhstan likely to build country’s first nuclear plant

Westinghouse to deliver fuel to Slovak nuclear power plants

ENERGO: Hungary to lift moratorium on solar panel feed-in tariff but retroactively change balance settlement rules

Hungary to lift moratorium on solar panel feed-in tariff but retroactively change balance settlement rules

The Hungarian government will lift the moratorium on solar panel feed-in tariff (FiT) at the start of 2024, but under the new conditions, earlier investments will be impossible to recoup. The changes were announced by Energy Minister Csaba Lantos.

Azerbaijan plans to start 19 small hydropower plants in Karabakh

Net electricity production in Slovenia up 3% m/m, 36% y/y in July

Net electricity production in Bosnia increased 13.8% y/y in June

Izdemir sells 24% stake in coal plant unit via Istanbul IPO for 3bn lira

Observed "from space", it may appear that Turks are rushing to buy shares in flotations. But no-one is actually checking whether the buyers are fake accounts run by puppeteers.

Albania’s net electricity production up 37.8% in Q2

EPS seeks integrated permit to finalise construction of unit B3 at TPP Kostolac

KfW bank expresses interest in backing energy projects in North Macedonia

Armenia expected to stop supporting solar energy sector