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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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“Oil Czar” Sechin said to be behind Kremlin’s Fortum/Uniper asset grab
The influential head of Russia’s largest crude oil producer Rosneft Igor “Oil Czar” Sechin could be behind the most recent seizure of the assets of German Uniper and Finnish Fortum, The Bell suggests.
Serbian government seeks financing from JICA for Bistrica reversible HPP
The Serbian government is ready to strengthen its partnership with the Japan International Cooperation Agency (JICA), according to a letter of intent concerning the financing of the Bistrica reversible hydroelectric power plant.
Arrest of Kosovo’s KEK head sparks debate in parliament
Serbian PM says energy company EPS won’t be privatised
Ameresco, Sunel to bid on 1.5 GW of solar and storage in Europe
Ameresco and Sunel Group have joined forces to bid on solar and battery storage projects totalling more than 1.5 GWp in the UK, Greece, Italy, Spain and Romania.
Global offshore wind soars in face of energy market vulnerability
New research from the Renewables Consulting Group (RCG) finds that global offshore wind market development soared during 2022 due to energy vulnerability across several key European markets.
Putin takes Fortum and Uniper assets hostage in sanction tit-for-tat
President Vladimir Putin has signed a decree on subjecting foreign assets to mandatory “temporary management” in case of the seizure of any other private or public assets by the US or their allies.
Poland, Romania and Bulgaria face highest decarbonisation transition risks, says Fitch
Decarbonisation costs predicted to put up region's average debt/GDP levels by 7pp by 2030.
Poland’s PGE signs offshore wind turbine contract for Baltica 2
The largest utility in Poland, PGE, has sign a 1.5-GW deal with offshore wind developer Ørsted and Siemens Gamesa for the supply of wind turbines to the Baltica 2 project.
ElevenEs opens Europe’s first LFP battery cell factory in Serbia’s Subotica
LFP battery cells are gaining popularity in the EV industry due to their increased safety, lower cost and sustainability.
Chinese investor backs oil, gas equipment plant project in Kaluga
Chinese firm IGRB has signed an agreement of intent with the government of Russia’s Kaluga region to build a plant to produce equipment for the oil, gas, geothermal and thermal power industries.
EBRD leads funding for Albania's first utility-scale solar plant
140-MW Karavasta solar project an important step towards diversification of Albania's generation sources, which to date have been mostly hydro
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