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.
Russia is looking to award a further 1,250 MW of renewable energy capacity at auction later this year, as part of efforts to diversify its fossil fuel-based economy.
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.
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