Energo - CEE/FSU Power
EBRD approves €30mn loan to Serbia for renewable heat generation
The EBRD has approved a loan of up to €30mn to Serbia to finance investments in renewable heat generation, the organisation announced during EBRD President Odile Renaud-Basso's visit to Belgrade on July 9.
Energo: Poland proposes to send Ukraine electricity from burning its vast coal reserves
Moldova estimates it could provide 500 MW of power to Ukraine
Moldova can produce about 500MW of electricity for Ukraine, Energy Minister Viktor Parlikov said, commenting on the project for the placement of electricity generating capacities for the supply of electricity to Ukraine.
NBU warns of economic impact from electricity shortages as Poland offers support
The National Bank of Ukraine (NBU) has highlighted the adverse effects of continuing electricity shortages on the country's economy, noting a decline in worker demand, rising emigration and weakened economic activity.
High-tech energy companies suspend investment in Ukraine, eye Czechia for new plant
A group of high-tech energy companies have halted their investment in a new manufacturing plant in Ukraine, opting instead to consider relocating to Czechia.
Kyiv recovers two-thirds of power generation capacity after Russian missile attacks
Kyiv has restored most of its power generation facilities that were damaged or destroyed in Russian missile strikes.
INTERVIEW: Ukraine’s biggest private power producer races to recover as winter looms
A top DTEK Group executive says companies desperately need access to finance and capital to cope with widespread infrastructure damage from Russian strikes.
Ukraine constructs 20% of announced 1 GW of energy manoeuvring capacity
Ukrainian cities are currently constructing only 20% of the 1 GW of energy manoeuvring capacity recently announced by President Volodymyr Zelenskiy.
Ukraine delays distribution of EU funds for energy infrastructure due to “bureaucratic obstacles”
Moldova may host Ukraine’s gas-fired power generation units
Moldova has expressed its readiness to supply electricity to Ukraine within the framework of the "gas for electricity" project.
Caspian Sea can propel Azerbaijan to forefront of offshore wind power
In 2022, the Global Wind Energy Council ranked countries based on their offshore wind energy potential. Azerbaijan joined the top four alongside Australia, Sri Lanka and Turkey.
Ukrnafta secures EBRD loan to invest $1bn in power plants
Ukrnafta, Ukraine's leading oil and gas company, will receive a loan from the European Bank for Reconstruction and Development and invest $1bn in constructing power plants as part of its transformation into a multi-energy company.
Belgium’s Bekaert buys 100GWh in advance from Rezolv Energy’s wind farm in Romania
The Belgian company Bekaert, specialising in steel wire processing and surface coating technologies, has signed a Virtual Power Purchase Agreement to buy 100 GWh of electricity from the wind farm that Rezolv Energy is developing in Romania.
European Commission clears NPP expansion project in Romania
New reactors at the Cernavoda nuclear power plant are expected to avoid the emission of 20mn tonnes of CO2 per year.
Putin talks trade and energy with Mongolian counterpart Ukhnaagiin at SCO summit
Russian President Vladimir Putin held in-depth negotiations with his Mongolian counterpart, President Ukhnaagiin Khurelsukh, in the former Kazakh capital of Alamaty during the Shanghai Cooperation Organization (SCO) summit on July 3.
Armenia discusses new US-designed nuclear plant to replace Metsamor
Armen Grigoryan, secretary of Armenia's Security Council, revealed the talks at a conference in Yerevan, stressing the need for a legal framework to move the project forward.
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