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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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Chint sells 200-MW solar Hungary portfolio to Shanghai Electric Power
China’s Chint Solar has sold a portfolio totalling 200 MW of solar photovoltaics in Hungary to publicly traded Shanghai Electric Power. The price tag was not disclosed.
Latvia’s Enefit posts 2.5 times bigger turnover in 2022
Lithuania's green electricity producer teams up with French fund to develop 500 MW solar farms in Italy
Electrical equipment producer Europower Enerji sells 27% stake in Istanbul IPO for TRY 2bn
Global power sector emissions may have peaked – Ember
Emissions from the electricity sector could have peaked in 2022, says a new report from climate and energy think-tank Ember.
Global wind energy to top 1-TW threshold by the end of 2023
The global wind energy market will achieve 1 TW of installed capacity by the end of 2023, according to Wood Mackenzie's latest market outlook. This marks a significant acceleration in growth, as it took more than 40 years to reach the first TW.
Azerbaijan sees 8% growth in electricity production
The electricity production across Azerbaijan stood at 7756.2mn kWh in January-March 2023, showing a 551.7mn kWh or 7.7% growth compared to a year earlier, according to the Ministry of Energy of Azerbaijan.
Vestas says Fortum is demanding $218mn for Russian wind projects
Global wind turbine leader Vestas has announced that Finnish state-owned Fortum is demanding more than €200mn ($218mn) in compensation over wind farms cancelled in Russia due to sanctions.
Kazakhstan to repair around 50 power plants this year
Azerbaijani parliament adopts new draft law "On Electric Power" to foster competitive energy market
Kazakhstan on track for 10.3% of electricity generation from renewable sources by 2030
Czechs continue to reduce energy use
Serbian finance minister says no discussions of EPS privatisation
Serbia's Finance Minister Sinisa Mali said on April 6 that there is currently no discussion of privatising state-owned energy company Elektroprivreda Srbije (EPS), a finance ministry statement said.
Officials discuss Black Sea submarine cable project in Tbilisi
Georgia, Azerbaijan, Romania and Hungary recently held a meeting in Tbilisi, Georgia to discuss the implementation of the Black Sea submarine electricity cable project.
Serbia’s largest solar plant launches
Serbia’s largest solar power plant to date with a capacity of 9.9 MW was launched in the municipality of Lapovo on April 5, a statement from the Ministry of Energy and Mining said.
Russian attacks caused $180mn of damage to DTEK thermal power plants
DTEK Energy, Ukraine’s largest private energy company, suffered UAH6bn ($160mn) in damage to its thermal power plants (TPPs) over the autumn and winter, Interfax Ukraine reported on April 5.
Ukrainian state struggling to pay for green electricity
Ukraine is struggling to pay for electricity generated by renewable energy sources (RES), Ukraine Business News reported on April 6.
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