Energo - CEE/FSU Power

DTEK energises new wind farm as war continues in Ukraine

DTEK Group, Ukraine’s largest private energy company, has energised the first 114-MW phase of the 500-MW Tyligulska wind power plant in Ukraine as war continues.

Serbia’s transmission system operator partners with Energy Exemplar for modelling software

US tops up energy grants for Moldova by nearly $300mn

CEZ shares plunge after Czech cabinet lowers voting threshold

Legislative change will make it easier for the state to split the power company up and nationalise nuclear division.

French-owned Expur builds €15mn CHP power unit at its Romanian plant

Ukraine increases payments to renewable energy producers, ensuring stability and debt reduction, says chairman of the Energy Committee.

The Ukrainian state has increased payments to renewable energy producers this year, according to Andrii Gerus, the chairman of the Energy Committee, Ukraine Business News reported on May 18.

Russian nuclear major Rosatom pushes Northern Sea Route to oil companies

CWP Global to develop Serbia's biggest wind power plant

Renewable energy company CWP Global plans to develop a major wind power plant in northern Serbia with a total capacity of 450 MW.

Romania turns into net electricity exporter as consumption drops by 8.8% y/y in Q1

Fortum to "close book" on Russian green power unit after Putin $1.8bn takeover

The state-owned Finnish utility Fortum said it will “close the book” and remove its Russian business from its balance sheet.

Croatia to add 2.5 GW new renewables by 2030

Croatia plans to ramp up its renewable energy capacity by the end of the decade, said the country’s economy minister, Davor Filipović. “Our goal is to have more than 2.5 GW of new renewable energy sources by 2030," he said.

Kosovo issues tender for 100 MW solar power project

Azerbaijan increased electricity production by 6.5% in January-April

EBRD greenlights 5-year strategy for Croatia

Montenegro signs MoU with US partners for construction of LNG terminal

Romania to see 32% jump in electricity generation by 2030, mostly renewables

Romania's total installed power capacity is set to jump by roughly 32% in 2030 compared to 2020, mainly due to installing new wind and solar energy capacities amounting to 2.302 GW and 3.692 GW respectively, said a report by McKinsey.

Pan-European EV charging network operator Allego sets up unit in Lithuania

ENERGO: Fortum takes €3.5bn impairment hit in Russia

Fortum takes €3.5bn impairment hit in Russia

Finnish renewable major Fortum booked a €1.7bn impairment charge and deconsolidation-related translation differences of €1.9bn in the second quarter, Tass reported citing the reports of the company.

CEZ Q1 profit plunges 60% to CZK10.8bn

Croatia has potential offshore wind capacity of up to 25 GW

Croatia could rival Europe's entire offshore wind power capacity, says EBRD-funded research on Croatia's offshore wind potential.

Kyrgyzstan’s National Investments Agency signs solar plant MoU with Kyrgyz-Kazakh JV Kun Bulagy

50Hertz, Elering to build offshore wind power cable between Estonia and Germany

50Hertz, the transmission operator for northern and eastern Germany, and Elering of Estonia have agreed to build a joint hybrid submarine cable project – Baltic WindConnector – in the Baltic Sea between Estonia and Germany.

North Macedonia’s power bourse launches operation

Fortum blasts “unlawful seizure of Russian subsidiary”

Fortum, once the largest renewables player in Russia, has blasted the “unlawful seizure of [its] Russian subsidiary”.