Azerbaijan was plunged into darkness on July 3, following the country’s worst power outage since the 1991 collapse of the Soviet Union.
Greece’s biggest electricity supplier, Public Power Corp. (PPC), has received six expressions of interest (EoIs) for its coal-fired power stations in Florina and Megalopolis.
Swiss-based energy trader MET Group has struck a deal to buy RWE Energy (RWEE), a Romanian gas and power business controlled by Germany’s Innogy.
Kazakhstan has held another round of tenders for renewable energy projects, under plans to auction off a total of 1 GW of clean energy capacity this year.
Enefit Green, the clean energy arm of Estonia’s state-owned Eesti Energia, has unveiled plans to buy Nelja Energia, the biggest renewable power producer in the Baltics. As the transaction awaits...
The European Bank for Reconstruction and Development (EBRD) has pledged funding for a new solar project in Kazakhstan, marking its fifth investment in the country’s clean energy sector.
Denmark’s Vestas is set to break ground next month on a plant for the manufacture of wind turbine blades in Russia’s Volga region of Ulyanovsk,...
Russia’s first floating nuclear power plant (FNPP) Akademik Lomonsov has set sail for the Far East, after nearly a decade of construction work.
Alfa-Bank, one of Russia’s largest commercial lenders, has agreed to provide up to US$537 million in credit to a pair of state-owned power companies.
The state-owned Oltenia Energy Complex (OEC) in southern Romania, the country’s second biggest source of electricity, is due to wind down operations at its coal-fired power units over the next...
Albania has hailed the successful unbundling of its state-owned distribution system operator (DSO) OSHEE, after setting up three separate companies to manage the utility’s...
Russian engineering group Technopromexport is poised to land a contract to build a 465-MW thermal power plant (TPP) in the Taman peninsula of Krasnodar.
The capacity of a planned subsea power link between Italy and Montenegro has been halved to 600 MW, dashing the latter’s hopes of becoming a major energy hub for the region.
Germany’s Siemens has signed a contract with Russia’s Gazprom to provide gas turbines for a thermal power plant (TPP) under construction in the Caucasus republic of Chechnya.