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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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‘Wanted’ Putin may visit Turkey for nuclear plant unveiling, says Erdogan
Such a trip would cause uproar – International Criminal Court has issued arrest warrant for Russian leader, while it is also under pressure to investigate Turkish strongman’s administration for crimes against humanity.
Europe invested €17bn in new wind in 2022, the lowest since 2009
In 2022, Europe invested only €17bn ($18.4bn) in new wind farms, which is a significant decrease from the €41bn invested in 2021, said WindEurope, a trade organisation.
Opening Ukraine's sea ports will create $18bn in revenue and allow resumption of coal imports
The opening of Ukraine’s seaports would create an additional $18bn in revenue for the war-torn country, Ukraine Business News reported on March 29.
Erdogan flags pre-election cuts in electricity bills
$35 trillion renewables investment needed by 2030 - IRENA
The global energy transition is “off-track”, aggravated by the effects of world-wide crises, says the International Renewable Energy Agency in a new report. A renewables investment of $35 trillion by 2030 is needed for the energy transition.
Serbia to increase electricity and gas prices on May 1
Hidroelectrica shareholders elect new supervisory board
Westinghouse, EDF to carry out pre-project studies on new nuclear units in Bulgaria
Initial steps taken towards construction of new nuclear power plants in country that currently has only two working reactors.
Goldwind, Vestas in photo finish for top global wind turbine spot
According to a report by research firm BloombergNEF, global wind capacity additions dropped by 15% in 2022 following two years of record growth.
Saudi Arabia’s ACWA Power develops major solar and storage projects in Uzbekistan
Saudi energy company ACWA Power has signed three power purchase agreements and investment agreements with Uzbekistan’s National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade.
Serbia’s Fintel Energija selects China’s Windey onshore wind project
Chinese manufacturer Zhejiang Windey has signed an agreement with Serbia’s Fintel Energija, a unit of Italy’s Fintel Energia Group, to deliver, assemble and maintain wind turbines for Serbia’s 854-MW Mastrale Ring wind farm.
Investment of Russian hydropower major RusHydro keeps rising
The investment programme of the Russian state-controlled hydropower holding RusHydro will amount to more than RUB650bn ($8.5bn) by 2027, the CEO of the company, Viktor Khmarin, told President Vladimir Putin as cited by Tass.
Slovenia's net power production drops in February
Hungary rethinking Russian involvement in Paks NPP expansion
Hungary is the only EU country where Rosatom is still involved in building a nuclear power plant, as it has been excluded from projects in Czechia, Bulgaria, and Finland after the invasion of Ukraine.
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