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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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21 Tajik SOEs lossmaking last year, with power utility Barqi Tojik heavily in red, says ministry report
Ukraine cuts debt to renewable energy producers by 35% over three quarters
Ukraine has reduced its outstanding debt to renewable energy producers by 35% over the past three quarters.
OMV Petrom buys 50% stake in Gabare solar park in Bulgaria
Romania’s oil and gas group OMV Petrom said on June 23 it has acquired a 50% stake in Bulgarian project company Dunav Solar Plant, which is building the Gabare photovoltaic park near the capital Sofia, for an undisclosed sum.
Kosovo faces power supply crisis as only one unit at Kosova A remains operational
Kosovo’s electricity supply faced significant strain as only one generating unit – Block A3 – at the Kosova A thermal power plant remained operational on June 21, while all other units, including the entire Kosova B plant, were offline.
Saudi Arabia-based power company ACWA Power plunges head first into Uzbekistan's green energy sector
Saudi Arabia-based utility developer ACWA Power plunged headfirst into the Uzbekistan green energy market. Since making its first investment in 2020 with a 1,500-MW plant in the Silk Road city of Bukhara, it has built $15bn worth of new capacity.
Kazakhstan to launch first green hydrogen pilot project in 2024
Kazakhstan will reportedly begin operations at its first experimental green hydrogen facility later this year, as the country positions itself to become a major producer and exporter of the alternative fuel .
Uzbekistan, Russia explore paths to large-scale nuclear power and advanced radiation technologies
Kosovans urged to save energy as production shortfall coincides with hike in air conditioner use
Energy supply company KESCO is calling on all consumers to take immediate measures to save electricity.
Serbia nears nuclear and hydrogen deal with South Korea
Serbia is poised to sign a cooperation agreement with South Korea’s state-run Korea Hydro & Nuclear Power (KHNP) focused on nuclear energy and hydrogen technologies.
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.
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