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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 awards €188mn hydropower plant refurbishment contract
Romanian state-controlled hydropower company Hidroelectrica awarded a €188mn contract for the refurbishment of its major hydropower plant Vidraru to an association formed by Romanian companies Electromontaj, Butan Grup and Croatia's Koncar.
IMF downgrades Ukraine's economic outlook, predicts electricity shortage until 2026
The IMF has downgraded its economic growth forecast for Ukraine for 2024 and 2025, citing the impact of ongoing Russian attacks on the country's energy infrastructure.
Turkey hikes electricity prices by 38%
Global access to energy starts to fall for the first time in a decade, says IEA
Population growth means that for the first time in a decade access to global energy has begun to fall despite the massive investment going into clean energy to fight the climate crisis, the International Energy Agency said in a new report.
Moldova to launch tender for 165MW of PV and wind farms
The tender for the construction of large-sized PV and wind farms with a total installed capacity of 165MW in Moldova will be launched in the first week of July.
Russia’s coal sector battered by sanctions
Russia's coal industry, one of the country's largest raw materials sectors, is on the brink of financial collapse as it grapples with the severe impact of international sanctions.
Energo :Russia’s coal sector battered by sanctions
Russia’s Rosatom expands global reach to almost 100 countries
Russia’s state nuclear energy corporation Rosatom has expanded to almost 100 countries and has current cooperation with over 60 nations, CEO Alexey Likhachev has said.
Bosnia’s Lager acquires 85% stake in Serbia’s Snaga Istoka
Bosnian construction supplier Lager has acquired an 85% stake in Serbia's Snaga Istoka, which is developing a 300 MW wind power plant in Serbia's eastern municipality of Bar, according to a report by local news portal eKapija on June 26.
Bulgaria’s energy minister to seek extension of deadline for sale of nuclear equipment to Ukraine
Ukraine owes green power generation investors $711mn
Ukraine owes renewable energy investors approximately $711.19mn under its green tariff obligations.
Kyiv plans to build two waste-to-energy thermal power plants
Kyiv is planning to construct two thermal power plants that will generate energy by burning waste.
Ukrainian power generation capacity drops by over 40 GW
Ukraine has suffered a significant loss of electricity generation capacity due to the ongoing war, with more than 40 GW lost.
Fossil fuel use reaches global high
A new report finds that fossil fuel energy use rose to a record high in 2023, despite efforts to combat climate change.
Azerbaijan submits carbon certificate applications for small hydroelectric plants
Small hydroelectric plants located in Kalbajar and Lachin are undergoing the process of obtaining carbon certificates.
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