Energo - CEE/FSU Power
Dark chapter for Turkey as it overtakes Germany to become Europe’s number one for coal-fired electricity
The carbon fuel took a 34% share in Turkey’s power production versus the European average of 13% in the first four months of the year.
Slovenia’s Gen energija reveals estimated costs for Krsko NPP's second unit
Slovenia's Gen energija disclosed its estimation of the construction expenses for the second unit of the Krsko nuclear power plant. The projected investment value stands at €9,314 per kilowatt, translating to €9.3bn for a 1,000 MW facility.
E.ON confirms it is exploring options to sell Romanian energy supply business
E.ON is "exploring the option" of selling the electricity and natural gas supply operations in Romania because the risk-return ratio is deteriorating due to frequent changes in the energy capping scheme, announced CEO Leonhard Birnbaum.
Kostolac wind farm to begin operations in early 2025
The Kostolac wind farm in eastern Serbia is set to become operational by the beginning of next year, the Ministry of Mining and Energy announced on May 21.
Nofar to invest €30mn in solar plant in Serbia
Nofar Energy will announce the construction of a large solar power plant in Serbia on May 27, according to local news portal ekapija. The Israeli company will invest €30mn in a 26 MW solar plant in the northern municipality of Ada.
Ukraine charts course for smart energy grids, banking sector to back restoration projects
Ukraine plans to develop smart power grids, with the backing of the banking sector to support projects aimed at restoring energy generation capabilities.
Gren to invest €200mn in waste-to-energy plant in Latvia’s Acone
Energy company Gren mulls to invest more than €200mn in Latvia by 2029, including in construction of a waste-to-energy plant in Acone, said Andris Vanags, country head of Gren operations in Latvia.
Turkey’s PV capacity expands by 1.3 GW in April
Kyiv embarks on energy decentralisation with plans for six mini-TPPs
Energy decentralisation took a stride forward in Kyiv as city authorities unveiled plans for the launch of six mini-thermal power plants with a combined capacity of 619 MW.
Estonia’s state-controlled Eesti Energia to be subject to special audit
Estonian Minister of Finance Mart Vorklaev in his capacity as the representative of Eesti Energia's sole shareholder, the government, has appointed law firm Sorainen and audit firm Grant Thornton to conduct a special audit of the company.
Premier Energy completes Bucharest IPO and prepares for listing
Electricity and natural gas utility company, Premier Energy, announced that it has successfully completed the IPO under the Base Deal Scenario at a price of RON19.5 (€3.92), close to the lower limit of the RON19-21.5 indicative price range.
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