The state-owned electricity generator Eesti Energia has reduced its CO2 emissions by 50% YoY, the company says, and has tripled its renewables energy production over the same period. Hando Sutter, CEO of Eesti Energia, made the announcement, adding that the European Commission’s climate neutrality target for 2050 was achievable, even if oil shale production continued…
Abu Dhabi-based Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala, has entered into a formal agreement with the Armenian National Interests Fund (Anif), a state-owned foreign direct investment vehicle, to develop 400 MW solar power projects in Armenia with an investment of $300-320 million. The first project being under…
The undersea portion of the Balticconector pipeline has been filled with natural gas, as a result of which, for the first time in history, the two countries’ gas networks are linked and the two-way transport of gas between them made possible. The undersea pipeline, which was installed this summer, was emptied of air with the…
The Cabinet of Ministers has decided to dismiss Chairman of the National Nuclear Energy Generating Company Energoatom Yuriy Nedashkovsky on the initiative of Energy and Environmental Protection Minister Oleksiy Orzhel, Prime Minister Oleksandr Honcharuk said at a briefing following a government meeting on November 27. “A respective government decision has been made. It was the…
Countries in Central and Eastern Europe are preparing for a possible gas crisis caused by Russia’s actions and are therefore trying to fill their gas storage facilities as much as possible, Vice-President of the Management Board at Polish oil and gas company PGNiG Maciej Wozniak has said. “The countries of Central and Eastern Europe have…
Chairman of the Verkhovna Rada Committee on Energy, Housing and Utilities Services, Andriy Gerus, has stated that electricity imports will drop to zero from November 15. In a post on his Facebook page, he wrote: “Dispatchers have been restricting electricity imports to a minimum level for several days. During certain hours, it is less than…
The Turkish company MNG will build a 5 MW solar power plant in Zhytomyr region, the press service of Zhytomyr Regional State Administration reports. “Chairman of Zhytomyr Regional State Administration Vitaliy Bunechko has signed a memorandum of cooperation with the Turkish company MNG on the construction of a solar power plant with a capacity of…