Energy suppliers in the Baltic States posted varied financial results for 2017, with Latvia’s Latvenergo announcing one of its best years yet, Estonia’s Eesti Energia reporting a plunge in profits...
Czech energy giant CEZ signed an agreement last week to hand over its remaining business in Bulgaria, which boasts an annual turnover of US$1.2 billion, to a small, local company with only US$63...
Kosovo’s electricity imports surged by 61.7% in 2017, as state power company KEK was forced to slash its output amid shortages of coal feedstock.
Siberian Generating Co. (SGC), one of Russia’s largest power companies, has closed a deal to buy a controlling stake in its smaller peer, Novosibirsk-based Sibirskaya Energeticheskaya Kompaniya (...
The Russian Energy Ministry is understood to have drafted an intergovernmental agreement on power supplies from Siberia to Mongolia.
A court in Paris has ordered Italy’s Becchetti Energy Group (BEG) to pay 172 million euros (US$212 million) in damages to Albania over a botched project to build a...
Inter RAO, one of Russia’s biggest energy firms, has recently struck contracts with Gazprom for back-up supplies of gas for two of its thermal power plants (TPPs).
Greece’s Public Power Corp. (PPC) has revealed it is nearing a deal to buy one of Macedonia’s largest electricity suppliers.
A project to tie together the electricity grids of Moldova and Romania has secured 270 million euros (US$326 million) in funding from international financiers.
German manufacturing giant Siemens has bagged a turnkey contract to build a 495-MW combined cycle power plant (CCPP) in Russia’s southern region of Tatarstan. The deal, struck with Russian...
Greater transmission capacity at the Austro-Hungarian border would have helped ease record power price spikes in Hungary over the summer, according to the country’s energy regulator, MEKH.
Dutch turbine developer Lagerwey has set up a joint venture with a subsidiary of Russian nuclear group Rosatom to supply 388 turbines to Russian wind farms by 2022.
Finnish energy group Fortum has launched a third combined-cycle gas turbine (CCGT) at Chelyabinsk GRES, a combined heat and power (CHP) plant in Russia’s Urals region.
Serbia has formally begun construction work on a controversial expansion project at the lignite-fired Kostolac-B thermal power plant (TPP) in the northeast of the country...
Dutch investment group NERO Renewables has suggested that its planned construction of a trio of wind parks in southeastern Romania could help the Netherlands meet its clean...
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