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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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Hidroelectrica plans over 3,000 MWh in battery storage projects
Romania’s state-controlled hydropower producer Hidroelectrica (BVB: H2O) is advancing battery energy storage system projects totalling more than 3,000 MWh, as part of its broader strategy to diversify and stabilise its renewable energy output.
Polish power group Enea posts 30% jump in 2025 net profit as green transition takes hold
Polish power group Enea reported a 30% year-on-year increase in its 2025 net profit to PLN1.82bn (€428mn), marking the first positive financial impacts of its extensive green energy transition, the company announced on April 13.
Kazakhstan ratifies green energy agreement with Azerbaijan and Uzbekistan for European export corridor
The upper house of Kazakhstan’s parliament has approved the ratification of an agreement on a strategic partnership with Azerbaijan and Uzbekistan covering the production and transmission of green energy to Europe.
Uzbekistan sees 7% y/y rise in electricity production in 1Q
Uzbekistan's electricity generation expanded by 7% y/y in the first quarter of 2026, according to the Ministry of Energy.
Uzbekistan’s National Investment Fund eyes IPOs in London and Tashkent
Managed by a Franklin Templeton company, UzNIF at end-2025 held minority stakes across aviation, energy, banking and telecoms with a $2.4bn net asset value.
Czech and Slovak nuclear operators to develop VVER 440 reactors fuel design with French Framatome
Czech majority state-owned energy utility ČEZ and Slovak power company Slovenské elektrárne (SE) are to collaborate with French Framatome on the development of fuel design for the VVER 440 nuclear reactors.
Polish builder Erbud launches strategic options review following 15% EBITDA growth in 2025
Polish construction company Erbud announced on April 8 the launch of a strategic options overview, a move that does not rule out capital injections or major changes to its shareholder structure, after posting a 15% y/y increase in 2025 EBITDA.
Grid constraints threaten Europe’s energy security ambitions
Europe risks undermining its energy security and industrial competitiveness due to insufficient electricity grid capacity, with at least 120 GW of planned renewable projects facing delays, according to a report by Ember.
Turkey raises wholesale electricity price ceiling by 32%
Turkey’s energy watchdog EPDK has applied a 32% hike to the price ceiling on the Day Ahead Market at Energy Exchange Istanbul (EPIAS). The increase takes it to Turkish lira (TRY) 4,500/MWh ($101/MWh) from TRY 3,400/MWh.
Kazakhstan pushing ahead with $30bn "Data Centre Valley" in Ekibastuz
Kazakhstan is pushing ahead with its plan to develop a large-scale “Data Centre Valley” in the country’s northern town of Ekibastuz, with capacity to scale up to one gigawatt of computing power.
Ukraine faces soaring energy costs as government seeks new capacity solutions
Ukraine’s energy costs have risen to the highest levels in Europe, undermining the competitiveness of its manufacturing sector and prompting urgent calls from officials to accelerate investment in new power generation.
Kyrgyzstan considers calling referendum on move into nuclear power
Kyrgyzstan might proceed with a national referendum on whether to construct a nuclear power plant (NPP), according to Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiyev.
Blackstone invests in Bulgarian solar developer Sunotec
German-Bulgarian solar photovoltaic developer Sunotec has secured a structured equity investment from funds managed by Blackstone’s Tactical Opportunities unit to support its expansion across Europe.
Slovak PM Fico to visit Moscow for Victory Day
Robert Fico was the only EU leader to attend the Moscow parade commemorating the 80th anniversary of the end of WWII last year.
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