Energo - CEE/FSU Power
Estonia’s Enefit Green to invest €150mn in 90 MW wind farm in western Lithuania
Enefit Green, the renewable energy arm of Estonia's state-owned energy group Eesti Energia, is set to build a 90-megawatt (MW) wind farm in the western Lithuanian district of Kelme for €150mn, regional newswire BNS reported on December 7.
Uzbekistan gives green light to two solar plants proposed by UAE and French companies
Romania, Moldova to sign memorandum to integrate energy markets
Croatia to invest €400mn in green transition
Estonian EC Energy Commissioner not in favour of building nuclear power plant in Estonia
COP28: US pledges to end coal
Global wind power outlook falls by 29 GW in fourth quarter, says Woodmac
The outlook for the global wind power sector has fallen by 29 GW in the fourth quarter of 2023 (Q4 2023), with the downgrade signifying a drop in cumulative installed capacity to 2.35 TW by the end of 2032.
DTEK and Vestas forge partnership to build largest wind farm in Eastern Europe
Ukrainian energy conglomerate DTEK has partnered with Danish wind turbine manufacturer Vestas to build the Tylihulska Wind Power Plant, which is poised to be the largest wind farm in Eastern Europe.
Russian InterRAO utility major’s profit down 5% in 9M23
Estonia’s Swedbank to finance construction of 6 Sunly solar parks in Latvia with €22mn
Aliyev approves new law "On Energy"
Serbia invests €180mn in electricity infrastructure
Poland’s new majority temporarily suspends work on liberalising wind power development rules
Poland’s new parliamentary majority has halted work on the liberalisation of rules for wind power development. The work will be picked up once the new government of Civic Coalition, the Third Way and the Left takes over officially.
UAE's Masdar acquires 1-GW renewable portfolio in Poland
Masdar, the UAE’s clean energy giant, has announced the purchase of eight hybrid renewables projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager.
COP28: Nations vow renewable energy boost
At COP28 in Dubai, 118 nations pledged to triple the world’s renewables capacity by 2030, and to reduce the share of fossil fuels by 2050 at the latest.
COP28: CIP announces $3bn renewables fund
Copenhagen Infrastructure Partners has announced the launch of its Growth Markets Fund II, during the 2023 COP28 in Dubai.
InoBat to widen battery market reach through its plants in Slovakia
Slovakia’s InoBat will produce batteries for different market segments at its two plants in Slovakia – Voderady and Surany. InoBat’s CEO Pavol Krokos said that each plant will focus on different battery market segments.
Ukraine's electricity imports up, exports down in November
Ukraine's energy landscape saw a significant shift in November, with electricity imports from the EU rising, while reducing exports.
Kosovo’s Iber-Lepenc becomes member of ALPEX power exchange
Kyrgyzstan signs agreement with Masdar, EDF for development of clean energy projects
COP28: North Macedonia launches just energy transition platform to mobilise €3bn
Goal is to expedite energy transition and facilitate the deployment of 1.7 GW of new renewable energy capacity by 2030.
Revenue of Bosnia’s HET pushed up by higher-than-expected rains
Energo: Ukraine to import 500 MW from Europe amidst energy infrastructure challenges
Ukraine to import 500 MW from Europe amidst energy infrastructure challenges
Prime Minister Denys Shmyhal announced the deal at a government meeting on December 1 This brings the total imported electricity to 1,700 MWh, providing a crucial boost to the nation's energy resources during the winter months.
Masdar to co-develop 1 GW of wind power for Kazakhstan
Vilnius lands major arbitration win against France’s Veolia
The Lithuanian capital, Vilnius, has come victorious in an international arbitration case against the French energy group Veolia and its subsidiary Vilniaus Energija. The city is to be paid more than €83mn in compensation.
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