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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.
We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the stories that matter.
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E.On breaks ground on Hungary's largest solar farm near BMW'S new Hungarian plant
The 43-MW farm will consist of 320,000 sqm of solar panels, of which 187,000 sqm will be installed on the roofs of the factory buildings and the rest on the ground.
Slovenia's Sostanj TPP faces bankruptcy
Slovenia’s largest thermal power plant, Sostanj (Tes), is on the brink of bankruptcy, posing a significant risk to the heating supply for 35,000 residents in the Savinjska and Šaleška valleys.
Tokayev delivers state-of-the-nation address, sets nuclear power plant referendum date
Serbia considers nuclear energy as lawmakers debate overturning 35-year ban
Serbian lawmakers are debating whether to amend the nation's energy laws, overturning a 35-year-old ban on nuclear power plants, local media reported on September 3.
Rezolv Energy partners with local firms for 229-MW solar park in Bulgaria
Rezolv Energy, backed by private equity firm Actis, has selected three companies – CMC Europe, Solarpro Holding and Green Solar Energy – to construct the 229MW St. George solar park in Silistra Municipality, northeastern Bulgaria.
EIB lends €50mn to Slovenia’s Elektro Ljubljana for power grid upgrade
The European Investment Bank (EIB) is lending €50mn to Slovenia's largest electricity distributor, Elektro Ljubljana, to expand and modernise its power distribution network in central and southeastern Slovenia.
Energo: Lofty EU hydrogen goals unlikely to be met
Lofty EU hydrogen goals unlikely to be met
The EU has placed a lot of faith in green hydrogen as a means to decarbonise its economy, but there is doubt about whether Brussels’ ambitious goals can be delivered on.
Behzod Yo’ldoshev, leading Uzbek nuclear scientist and international adviser, dies at 79
Ukrenergo warns the population to brace for a hard winter
Ukraine's electricity transmission system operator Ukrenergo said a “catastrophe” was unlikely, but warned the population to brace for a very difficult winter now that Russia has destroyed half of the country’s heating and power capacity.
Czech state energy utility completes takeover of gas distribution network GasNet
The majority state-owned Czech energy utility CEZ has completed the 55.21% share in the gas distribution network GasNet.
Energoatom to build a new nuclear power plant in Cherkasy region
Ukraine's National Nuclear Energy Generating Company, Energoatom, has announced plans to construct a new nuclear power plant in the Cherkasy region.
Net profit of Romania’s Premier Energy shrinks 60% y/y in 1H24
Romanian utilities group Premier Energy reported a net profit of €19.9mn for the first half of 2024, 60% lower year on year, dragged down by the high balancing costs in May and June.
EBRD finances Central Asia's first renewable hydrogen facility in Uzbekistan with $65mn investment
Albania's electricity production down by 18.9% y/y in 2Q24
Energy Community praises Montenegro’s renewable energy law
Fortis Energy and PowerChina to jointly develop wind and solar projects in Serbia
Partnership between Fortis Energy and PowerChina aims to develop projects with a combined capacity of over 850 MW.
Deal points to Tajik, Kazakh cooperation in getting uranium, rare earths out of the ground
US Westinghouse and French EDF file complaint with Czech anti-trust office over nuclear tender
Westinghouse argues that tender winner KHNP does not have the right to export its technology.
Kursk nuclear power plant at risk as front line approaches – IAEA
The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, warned that the danger of an accident is rising at the Kursk nuclear power plant (NPP) as the fighting in the Kursk incursion is only 30 km away from the facility.
Estonia’s Sunly raises €300mn to finance projects in Poland and Baltics
Estonian renewable energy company Sunly secured €300mn in debt financing to accelerate the construction of 1.3 GW of solar, wind, storage and hybrid parks across the Baltic States and Poland.
Romania's Electrica reports 40% y/y decline in H1 profit
Romanian power supplier and distributor Electrica reported on August 27 that its consolidated net profit plunged by 40.3% year on year to RON102.1mn (€20.5mn) in the first half of 2024, as a result of declining revenues in its supply division.
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