Blog & News

Lithuanian renewables developer Green Genius has secured funds from German private bank Berenberg to finance the construction of a 69-MWp portfolio of solar projects in Poland.

Mercedes-Benz has said that it will build a wind farm at its test track in Papenburg, Germany. The auto-maker held that the output of the wind farm will be more than 100 MW which will cover over 15% of the annual electricity demand of Mercedes-Benz Group AG for the German operations.

The Economy minister Nikola Stoyanov confirmed that Bulgaria will eventually stop receiving natural gas from Gazprom. The main objective of the cabinet is to receive the quantities of natural gas under the existing contract, which Gazprom didn’t send as they cut the supplies for not paying them in roubles.

As the Dutch government continues to work towards introducing a cap on gas and electricity prices, this week has seen many of the major energy companies in the Netherlands announce...

Hungary's foreign minister said he met Russian Foreign Minister Sergei Lavrov in New York and discussed gas shipments and construction of the Paks nuclear plant being built by Russia's Rosatom.

Westinghouse Electric Company has signed Memoranda of Understanding (MoUs) with 22 companies in Poland that allow for cooperation on the potential construction of AP1000 reactors in the country as well as other potential projects in Central Europe.

Slovakia's new Mochovce 3 reactor is slated to start up and generate electricity this year with unit 4 following in 2023, according to an energy security report released by the Slovakian Ministry of Economy. Once it starts up, Mochovce 3 will immediately tip Slovakia's energy balance back to an export footing.

Despite a looming energy crisis, one of Belgium’s seven nuclear reactors was disconnected from the grid last week. This follows legislation passed in 2003 requiring reactors to be shut down after 40 years of operation.

Nuclear energy production is "unlikely" to be part of the next package of EU sanctions against the Kremlin for its invasion of Ukraine, while work on an oil-price cap is continuing, according to several diplomats briefed on the discussions.

EU officials have indicated their intention to seek a price cap on Russian gas alongside other measures to curb negative fallout from Russia's war on Ukraine, despite criticism of such a move from inside the EU's Czech presidency and a Russian threat to halt supplies.