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Energo follows key project, policy and investment in the power sector across the FSU and CEE. This has included extensive coverage of the Czech Republic and Lithuania’s efforts to build new nuclear reactors, changing renewables policies in Poland and Romania and the privatisation and modernisation of Russia’s power sector.
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Hitachi Energy announces new power transformer manufacturing factory in Turkey
Hitachi Energy on June 19 announced a strengthening of its power transformer manufacturing operations in Turkey.
MET Group opens Hungary’s largest battery energy system, MOL to follow suit
MET Group, an energy company based in Switzerland with Hungarian roots, has inaugurated 40-MW/80-MWh battery storage at the Dunamenti Power Plant, 20 km south of Budapest (Szazhalombatta).
MP suggests selling Kyrgyzstan’s 52-tonne gold reserve worth $3.7bn to raise capital for megaprojects
Kyrgyzstan’s gold reserve of 52 tonnes worth $3.7bn should perhaps be sold to raise capital that would be spent on realising megaprojects in the country, an MP was on June 19 reported by local media as saying.
FIC head explains why Uzbekistan today is not the Uzbekistan of five years ago
As Uzbekistan continues its transition toward a more open and market-driven economy, there is progress in attracting foreign direct investment (FDI) and improving the overall business climate.
North Macedonia and Kosovo strengthen energy ties with new transmission line agreement
North Macedonia’s power transmission operator AD MEPSO and its Kosovo counterpart KOSTT have signed a memorandum of cooperation to boost cross-border collaboration and develop regional electricity infrastructure.
Bosnia’s coal plants the biggest polluters in Western Balkans, CEE Bankwatch survey shows
Across the region, six units exceeded their individual ceilings for sulphur dioxide emissions by more than ten times last year, according to a survey by environmental NGO CEE Bankwatch.
Hungary to secure one-year grace period to phase out Russian gas, but left without veto power
Croatia’s electricity production dips in April
Croatia’s net electricity production fell in April compared to the previous month, while petroleum product use remained broadly stable.
Commercial banks show strong interest in financing Poland’s first nuclear plant, investor PEJ claims
The facility, to be built in the municipality of Lubiatowo-Kopalino on the Baltic coast, will include three AP1000 reactors supplied by the US consortium of Westinghouse-Bechtel.
Russia writes off $297mn hydro energy debt owed by Tajikistan
Russia has written off a $297mn hydro energy debt owed by Tajikistan, Khovar reported on June 16.
Kosovo’s gross available electricity up 8.6% y/y in April
Kosovo’s gross available electricity in April grew by an annual 8.6% to 568 GWh, after rising by 3.3% in March.
CEDIS to invest over €250mn in Montenegro’s power distribution network by 2029
Montenegro’s electricity distribution system operator, CEDIS, announced on June 16 that it will invest more than €250mn in capital projects between 2025 and 2029 to modernise and strengthen the national power distribution network.
Samruk Energy and China’s CWE to build Kazakhstan’s first pumped storage power plant
Kazakhstan’s Samruk Energy has signed a joint venture agreement with China International Water and Electric Corporation (CWE) to construct the country’s first pumped storage power plant.
64-MW Stolac Solarni Park solar plant begins operation in Bosnia
The 64-MW Stolac Solarni Park photovoltaic power plant, located near the town of Stolac in Bosnia and Herzegovina’s Herzegovina region, has been connected to the grid and has begun generating electricity.
Uzbekistan’s president tightens grip on local governance as energy woes and reform delays mount
Uzbekistan’s President Shavkat Mirziyoyev has ordered a sweeping shake-up of local governance structures and has tightened oversight of reforms amid growing concerns over bureaucratic inertia and poor public service delivery.
Lithuanian parliament orders audit of €3bn 700-MW Baltic Sea offshore wind project
Lithuania’s parliament Seimas instructed the National Audit Office to conduct an audit into the involvement of state-owned enterprises in the Curonian Nord offshore wind project in the Baltic Sea.
China's Sinoma to build $25mn wind turbine blade plant in Uzbekistan
China’s Sinoma Science & Technology is set to invest $25.2mn in establising a wind turbine blade factory in Uzbekistan.
Kazakhstan awards Russia, China one nuclear plant project each, Uzbekistan revises its plan to include large facility
Solution favoured by Astana will help balance relations with Moscow and Beijing.
Uzbekistan, Russia's Rosatom reportedly revise nuclear project to include both small and large plants
The nuclear power project in Uzbekistan, led by Russia’s state-owned Rosatom, has reportedly been reformatted to include a large nuclear power plant (NPP) together with the small plant the parties previously committed to building.
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