The Government of Georgia, the German government-owned development bank KFW and the French Development Agency (AFD) have signed a declaration on launching reforms for developing the energy market in Georgia and improve energy efficiency in the country. As Georgia’s Prime Minister Giorgi Kvirikashvili stated at the government meeting, the development of the country’s energy field…
The energy sector of Ukraine should be transparent, demonopolized and competitive. “We could have become a completely energy-independent country in previous ten years, but this did not happen. Now we have set a course for energy independence, energy saving and production of our own Ukrainian gas, which will be enough for us to meet the…
An opening ceremony of the first solar power plant and laying the foundation of the desalination plant took place on the Unity Day, May 1, in Mangistau, the press service of the governor of Mangistau region reads. The new powerhouse has no analogues countrywide. It is built in Munaily district under the Business Road Map…
Electricity production in Ukraine’s power grid increased by 3.8% YoY in January-March, to 44.543 billion kWh. Nuclear power plants (NPPs) reduced electricity generation over this period by 7.6%, to 21.983 billion kWh. Thermal power plants (TPPs), as well as combined heat and power plants (CHPPs) and cogeneration plants (CPs), increased production by 16.1%, to 17.614…
The first quarter sales revenue of the Estonian state-owned energy group Eesti Energia totaled EUR 228.6 million, marking an increase of 6.2% on year, while net profits declined by 16.1%, to EUR 40.5 million. The revenues of most business segments of Eesti Energia grew in the first quarter on the back of higher electricity and…
Tajikistan has called on the European Bank for Reconstruction and Development Bank (EBRD) to participate in construction of the Rogun hydroelectric power plant (HPP). The request has reportedly been made during a meeting of Jamoliddin Nouraliyev, First Deputy Head of the National Bank of Tajikistan (NBT), with Jurgen Rigterink, First Vice-President of the European Bank…
Uzbekistan and Canada discussed promotion of cooperation in innovative development of real economy of the Central Asian state, the press service of the Ministry of Innovative Development of Uzbekistan reported on April 23. According to the statement, the discussion was held within the framework of the meeting between Deputy Minister Sherzod Shermatov and Minister-Counsellor, Senior…