Energo - CEE/FSU Power
Abkhazia to start buying Russian electricity from August to tackle winter shortages
According to the Abkhaz authorities, although the region tends to face power shortages from October, starting imports as early as August at a reduced rate will lower costs significantly.
Amid political tensions, Armenia moves to nationalise power grid
Radio Free Europe/Radio Liberty reported that a bill to nationalise the Armenian Electric Power Grid (ENA), which is currently owned by imprisoned billionaire Samvel Karapetyan, passed its first reading in Parliament on Tuesday, July 1.
Vestas to sell turbines to Eurowind for Romanian projects
Danish wind turbine manufacturer Vestas has received an order for 143-MW turbines by Danish renewable energy company Eurowind Energy for three wind projects in Romania, it said in a press release on its website.
Russian hydropower major RusHydro fail to approve dividends
Previously RusHydro board proposed two options: either paying RUB0.076 per share dividend, implying a 16.4% yield, or skipping payouts entirely. The company last paid dividends for 2022.
Russia's Rosatom to present feasibility studies for Sinop nuclear plant in Turkey this year
Turkey’s annual solar panel production capacity reach 50 GW versus 4-5 GW of domestic demand
Despite the excess capacity, Turkish panel producers are not able to export their output. The Chinese producers sell 1-MW panels for $90-100,000 in Europe while Turkish producers’ costs stand at $150-160,000 per MW.
Slovak opposition accuses government of siding with Hungary in ending Gabčíkovo-Nagymaros dispute
Slovak opposition parties accused the left-right cabinet of Prime Minister Robert Fico of securing favourable terms for Hungary by bringing the long-standing Gabčíkovo-Nagymaros hydroelectric power plant System dispute to an end.
Energy Community praises Moldova’s landmark electricity law as key step toward EU market integration
The Energy Community has praised on July 1 Moldova’s recent adoption of a landmark Electricity Law on as a decisive step toward full integration into the EU internal electricity market.
Poland allocates over $12.4bn in National Recovery Plan backed loans for power grid upgrades
More than PLN50bn ($12.4bn) in preferential loans have been granted to finance investments in Poland’s power grid infrastructure, Prime Minister Donald Tusk announced at a conference.
Hungarian energy firm Alteo strengthens circular economy portfolio with new deal
Alternative energy company Alteo has completed its acquisition of waste management firm Eltex from Global Refuse Holding, the Budapest-listed group partly owned by MOL, it announced on June 30.
US lifts sanctions related to Paks nuclear plant upgrade
The expansion of the Paks II nuclear power plant could now gain "new momentum" following Washington's decision to lift sanctions related to the project.
Kazakhstan to sign intergovernmental deal with Russia on nuclear power plant by end of 2025
Kazakhstan plans to sign an intergovernmental agreement with Russia for the construction of its first nuclear power plant by the end of 2025, Interfax reported on June 27, citing the chairman of the Central Asian country's Nuclear Energy Agency.
Moldova secures €200mn investment in first large-scale renewable energy auction
Moldova will receive investments worth €200mn over the next three years following its first public tender for large-scale renewable energy projects resulting in the installation of 165 MW of new wind and solar capacity.
Uzbekistan to expand small hydro with $150mn of World Bank support
Uzbekistan is to launch a small hydropower initiative backed by $150mn in concessional financing from the World Bank.
Ukrainian banks lend $600mn to revive energy sector as investor focus shifts to storage
Ukrainian banks have provided UAH25bn ($600mn) in loans this year to support the recovery and modernisation of the country’s energy sector, with a growing share of funds directed towards energy storage projects.
First Polish nuclear reactor to begin commercial operation in 2036, government roadmap shows
Poland’s first nuclear reactor will begin supplying electricity commercially in 2036, according to an updated national nuclear programme released for public consultation on June 25 by the Ministry of Industry.
Croatia’s Prosperus Growth acquires majority stake in STI
Croatian venture capital fund Prosperus Growth has acquired a majority stake in STI d.o.o., a regional supplier of power plant solutions and an authorised distributor and servicer of INNIO Jenbacher and Waukesha gas engines.
Khmelnytskyi plans €35.8mn waste-to-energy plant to cut gas use
The Ukrainian city of Khmelnytskyi is preparing to build a €35.78mn combined heat and power plant powered by fuel derived from waste, as part of its long-term drive to reduce reliance on natural gas.
Turkey leads Europe in installing hydropower capacity
Turkey was top of the pile in Europe last year for adding hydropower capacity. It added 241 megawatts, according to a report from the International Hydropower Association (IHA).
Russian natural gas output falls 3.4% in 5M-2025
Natural gas production in Russia declined by 3.4% year on year in the first five months of 2025, while output of coke and petroleum products saw a modest 0.8% increase.
Czech court rules against French EDF in Dukovany nuclear tender lawsuit
The regional court in Czechia’s second-largest city, Brno, has rejected the lawsuit of the French Électricité de France filed against the previous ruling of the Czech antitrust office ÚOHS.
Kazatomprom warns US probe into critical minerals could mischaracterise Kazakh uranium exports
Kazatomprom, Kazakhstan’s state nuclear company, has submitted a formal response to the US Department of Commerce amid an American national security investigation into processed critical minerals and their derivatives,
Moldova seeks EU funding for third Romania power link after USAID withdrawal
The Government of Moldova has declared the planned 400-kV Straseni–Gutinas power interconnection with Romania a public utility project of national interest and is seeking European Union financing after previously securing funding from USAID.
Germany’s Nordex Group secures 160-MW wind turbines order in Turkey
Germany’s Nordex Group said on June that it has received an order in Turkey from Yellice Uretim, a subsidiary of Efor Holding, for the supply and installation of 23 N163/6.X wind turbines with a total capacity of 160 MW.
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