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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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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.
Kyrgyzstan’s brown coal production in 2M23 grows 15% y/y
Russian and China start working on nuclear reactor roadmap
The Russo-Sino co-operation agreement signed during the visit of the President of China Xi Jinping to Moscow includes a roadmap for developing a joint programme between Russia and China in the sphere of fast neutron reactors and nuclear fuel cycle.
Bulgaria seeks derogation from potential EU sanctions on Russian nuclear sector
Bulgaria's caretaker government decided on March 22 to seek a derogation from a potential EU ban on Russian imports of spare parts and materials for the nuclear energy sector, saying that the country’s sole NPP is dependent on them.
Lithuanian Ignitis mulls huge investments in Latvian energy sector
The Lithuanian state energy company Ignitis Group has unveiled ambitious investment plans in Latvia. In the coming years, it plans to invest at least €700mn in solar and wind energy production.
Croatia to tender five new geothermal blocks
DTEK extends eurobond redemption offer to March 23
DTEK Holdings Limited, Ukraine’s largest private energy company, extended its offer to redeem DTEK Energy eurobonds to March 23, Interfax Ukraine reported on March 21.
CEZ achieves record net income of CZK80.7bn in 2022
Czech power group, which is 70% state-owned, said it could issue a record dividend of up to CZK117 a share.
Romania's Hidroelectrica signs joint venture with Masdar for offshore renewables
Romania's largest energy producer, Hidroelectrica, has signed a joint venture agreement with Masdar, a leading renewable energy project developer and operator in the UAE.

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