Energo - CEE/FSU Power
Uzbekistan creates Besqala Mining Valley cryptomining zone with tax breaks through 2034
Uzbekistan has approved the creation of a dedicated cryptocurrency mining zone in Karakalpakstan. It aims to attract investment and support the use of renewable energy.
Uzbek uranium producer Navoiyuran kicks off mining operations at Qizilkok deposit
State-owned Uzbek uranium producer Navoiyuran has commenced mining operations at the Qizilkok deposit in the central-northwestern region of Navoi.
Russian state agency warns Hungary's incoming government against reviewing Paks nuclear deal
Russian state agency RIA Novosti has warned Hungary's incoming Tisza government against reviewing the Paks 2 nuclear deal, saying Magyar's criticism of the €14.7bn ($16.69bn) cost is "self-promotion and informational noise."
Kazakhstan reportedly declines to name new power plant contractors following Russia exit
Kazakhstan’s Ministry of Energy and state-owned Samruk-Energo have reportedly declined to disclose the names of companies selected to build three thermal power plants.
Poland's Enea to hike 2026 capex to PLN9bn with coal spend outpacing renewables
Polish utility Enea announced on April 21 that it intended to increase its capital expenditure to approximately PLN9bn (€2.1bn) in 2026, marking a significant rise from the PLN6.2bn (€1.5bn) projected for 2025.
Kyrgyzstan to commence solar power plant pilot project under PPP
Kyrgyzstan will commence a pilot project to construct a solar power plant in the southeastern region of Naryn under a public-private partnership (PPP), with the project backed by the World Bank Group’s International Finance Corporation (IFC).
Serbia, Azerbaijan near deal on gas-fired power plant near Niš
Discussions on the power plant project date back to November 2024, when Vucic and Aliyev first outlined plans for a larger, potentially 1 gigawatt gas facility.
Kazakhstan officially approves plan to build at least three nuclear power plants by 2050
Kazakhstan’s Atomic Energy Agency has officially approved a plan to build at least three nuclear power plants (NPPs) by 2050, with the first project already under implementation, according to a statement released by the agency on April 17.
Turkey’s wind energy industry now a full-fledged ecosystem, says trade association
Turkey’s wind energy sector has developed to the point where industry figures are billing it as a full-fledged ecosystem.
Premier Energy to acquire Romanian power distributor DEO for €700mn
Premier Energy has agreed to acquire electricity distribution operator Distribuție Energie Oltenia (DEO) from funds managed by Macquarie Asset Management for around €700mn.
EBRD financing to help Tajikistan cut electricity grid losses
Tajikistan is to receive a loan and grant package of just short of €50mn from the European Bank for Reconstruction and Development (EBRD) to help reduce electricity losses faced by two regions.
Poland's PGE to markedly up 2026 CAPEX, pegs strategy review to EU carbon reforms
Poland’s major power group PGE said on April 16 it planned to increase its capital expenditure by several dozen per cent this year, adding that it will present an update to its strategy in September.
Slovakia opens new biomethane plant
BlackRock among big funds backing Uzbek state’s first foray on to global equity markets
Asset managers sign cornerstone deals for $300mn of IPO global depositary receipts in Uzbekistan’s national investment fund UzNIF.
Uzbekistan, Russia aim to more than double trade to around $30bn by 2030
Uzbekistan and Russia are aiming to more than double their trade from the $13.2bn posted for 2025 to around $30bn by 2030.
Bulgaria opens radioactive waste repository on Romanian border
Bulgaria has opened a national repository for low- and intermediate-level radioactive waste at Radiana near Kozloduy, with 60-year operational capacity and €76mn in EBRD funding.
Czech PM Babiš says first steps towards ČEZ nationalisation to take place in June
Czech billionaire Prime Minister Andrej Babiš said that his government is to take first steps towards the full nationalisation of the majority state-owned energy utility ČEZ at the company’s June shareholders meeting.
Kazakhstan rises to 24th in Climatescope clean energy ranking
Climatescope ranking of clean energy investment attractiveness among emerging markets, up from 54th in 2017.
Follow us online