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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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Kazakh court fines activist over YouTube video questioning nuclear power plant referendum
MOL increases stake in alternative energy company Alteo
Energo: Russia pressing Central Asian states to embrace nuclear power
Russia pressing Central Asian states to embrace nuclear power
Hoping to drum up some much-needed cash to help fuel the Kremlin’s war effort in Ukraine, Rosatom, Russia’s state-controlled nuclear entity, is hyping atomic energy as a “green” solution to Central Asia’s power problems.
Serbia's NIS and China's Sinopec sign agreement on green energy
Serbia's oil and gas company NIS signed a memorandum on scientific and technological cooperation with China's Sinopec Petroleum Engineering Corporation on September 9.
Nearly 150 new employees join Kosovan power producer KEK
Montenegro’s EPCG reports loss in 1H24 amid challenging conditions
Officials say modernisation of largest Kyrgyz hydro power plant Toktogul nearing completion
Greece, Romania and Bulgaria plan joint response to soaring energy prices in Southeast Europe
Greek energy minister says not enough interconnections to transfer power from Central to Southeast Europe.
Romania ready to launch EU-funded CfD scheme for 5GW wind and solar power plants
Romania’s Energy Minister Burduja approved the final draft of the 15-year Contracts for Difference (CfD) scheme, aimed to support the development of photovoltaic and wind projects with a capacity of 5MW based on €3bn financing from the EU.
Czech energy utility CEZ bosses sell their company shares
Four top managers from the majority state-owned Czech energy utility sold their shares worth CZK21mn (€0.84mn) earlier this month.
Not even “cancer explosion” warnings deterring Turkey from coal power expansion, says HRW
“I have asthma, and my doctor says I need clean air. But there is no clean air. We are all ill here,” relates villager living near plant fed by “carbon bomb” mine.
Croatian government unveils €250mn aid package to curb energy costs
Montenegro’s EPCG and KfW sign €40mn loan agreement for HPP Perucica expansion
Montenegro's state-run power producer, EPCG, said on September 6 that it secured a €40mn loan from the German Development Bank (KfW) to fund the installation of the A8 unit in the Perucica hydro power plant (HPP).
Vero shopping centre in Skopje installs rooftop solar power plant
Profit of Russian hydropower major RusHydro drops in 2Q24
Russian state hydropower holding RusHydro posted a 7.2% year-on-year increase in revenues to RUB127.5bn in 2Q24, while EBITDA decreased by 3.7% y/y to RUB34bn.
AGP-Europe signs long-term solar power deal with Rezolv Energy
Ardagh Glass Packaging-Europe (AGP-Europe), a division of the Ardagh Group, has announced the signing of a long-term virtual power purchase agreement with Rezolv Energy’s St. George solar photovoltaic project in Bulgaria.
Poland wants renewables to make up 56% of electricity mix in 2030
Poland aims for 56% of its electricity to come from renewable sources by 2030, Climate and Environment Minister Paulina Hennig-Kloska said on September 5.
Montenegro’s EPCG adopts battery electric storage systems project
The board of directors of Montenegrin power company EPCG have approved the proposal for the development of battery electric storage systems (BESS) project.
Lower energy prices weigh on leading Hungarian alternative energy company
Hungarian alternative energy company Alteo Group reported a 15% decline in revenue to HUF49.7bn (€130mn) in the first half, primarily due to decreasing global market prices.
Ukraine close to finalising talks to buy Russian-made nuclear reactors from Bulgaria
Ukraine is in the final stage of negotiations with Bulgaria on the supply of reactors for power units No. 3 and No. 4 at the Khmelnytskyi nuclear power plant, a statement from the Ukrainian energy ministry said.
BMZ Group begins construction of €65mn lithium battery factory near Skopje
The facility, located in a free industrial zone near Skopje, is slated to become operational by May 2025. This significant foreign investment is expected to generate up to 1,000 new jobs in its later stages.
Zelenskiy reshuffles the government, sacks energy boss
Ukrainian President Volodymyr Zelenskiy reshuffled his government, sacking several prominent officials that led to others in his team to quit on September 3.
Joint venture set up in Bucharest to bring Azeri green power to Europe
High-voltage submarine cable to connect Romania and Georgia across the Black Sea, with extensions to Hungary and Azerbaijan.
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