Energo - CEE/FSU Power
Slovenia's first geothermal power plant produces initial kW of electricity
Pilot geothermal power station built on an abandoned gas well produces first electricity, but investor says modifications needed for viable long-term energy generation.
Nova Group ventures into green energy amid Russian attacks
The Nova group of companies has announced the launch of Nova Energy, a new venture aimed at generating electricity, including from renewable energy sources, after Russian attacks on Ukraine's energy infrastructure.
Zaporizhzhia nuclear power plant reaches cold shutdown – IAEA
The Zaporizhzhia Nuclear Power Plant, Europe's largest nuclear facility, has achieved a state of cold shutdown for all six reactors, a significant milestone in ensuring the safety and stability of the plant.
Turkey’s Celikler to build 720 MW of additional capacity at 1,360-MW Afsin-Elbistan A lignite-fired plant
Central Asian states have a coal dependency problem – report
Coal addiction in Kazakhstan and Kyrgyzstan fuels regional global warming conundrum.
Greece’s PPC, Mytilineos to jointly develop 2,000 MW solar parks in Bulgaria, Croatia, Italy and Romania
Net profit of Montenegro’s CGES jumps to €35.7mn in 2023
Russian attacks devastate Ukrainian energy infrastructure
Russian strikes in the early hours of April 11 inflicted severe damage on Ukraine’s energy infrastructure, including the near-complete destruction of the largest power plant in the Kyiv region, the Tripoli Thermal Power Plant.
DTEK Energy Holding unveils 1.5-GW green energy plan
DTEK Energy Holding, Ukraine’s largest private energy company, has announced plans to inject 1.5 GW of renewable energy into the country's power grid over the next three years.
Russian coal exports barely break even
Export prices for Russian thermal coal have fallen to their lowest since 2021 due to low demand in major export markets that are being served from the Far Eastern ports. The export price for coal has declined by 6%-13% year to date.
Czech legislators scrapped the CEZ-aimed legislative provision
The Czech Chamber of Deputies approved the companies transformation act dubbed as lex-CEZ, but scrapped the part which has widely been viewed as aimed at the transformation of the majority-state-owned energy utility CEZ.
Slovenia enacts new solar panel installation regulations amid concerns from Chamber of Commerce
Israeli BIG MEGA Renewable Energy explores wind and solar investments in Serbia
Israeli company BIG MEGA Renewable Energy is exploring investment opportunities and the application of innovative approaches for wind farm projects, as well as rooftop and ground-based solar panel installations in Serbia.
China, Serbia to build Kostolac power plant's Block B3
The new plant will have a capacity of 350 MW, aimed at ensuring long-term stability in the power system. VP Mali noted that the construction of Block B3 will provide a modern electricity production facility, the first in nearly four decades.
E.ON building big solar farm for BMW's Hungarian EV plant
BMW is building a €1bn vehicle plant and a €1bn battery plant in Hungary's fastest-growing industrial hub.
Polish energy stocks fall after government hints at dropping plan to carve out coal assets
Industry minister says new plan is to link coal-fired power plants with specific mines instead.
Serbian MP proposes lifting nuclear power plant ban
Zoran Dragisic, a member of the Serbian Progressive Party, has introduced a bill to Serbia's Parliament aimed at repealing the Law on the Prohibition of Nuclear Power Plant Construction in former Yugoslavia.
Estonian grid distributor 2023 profits soar to nearly €100mn, up 115% y/y
Estonia’s electricity grid distributor Elektrilevi reported 2023 earnings before interest, taxes, depreciation and amortisation (Ebitda) of €99.1mn, a rise of 115% y/y, ERR.ee, the website of national Estonian broadcaster ERR, reported.
China’s Dahai to begin PV panel production at €10mn factory in southern Romania
The Chinese photovoltaic panel manufacturer Dahai Solar with one factory in southern Romania now expects to start production in August-September at a second site after the production lines are installed
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