TIU (Canada) plans to invest EUR 94 million in the construction of five solar power plants in Ukraine, the company’s press service has reported. The company intends in autumn this year to complete the construction of the first station worth EUR 14 million with a capacity of 10.5 MW in the territory of Nikopol Ferroalloys…
564 fuel bases and coal sales points were opened in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. 30 coal sales points were opened in Chui region. Fuel is sold at 3,400-4,100 soms. It should be noted that last year the cost of coal was much lower – 2,700-2,800 soms per ton.…
The supervisory board and owner of the Estonian state-owned energy group Eesti Energia have given their approval for expanding the company’s electricity retail business to the Finnish and Swedish markets. The company plans to launch retail sales in both countries in the first half of next year. According to Eesti Energia CEO Hando Sutter, a…
Small hydropower plants are not built in Kyrgyzstan because it is unprofitable for the state to purchase electricity from them, Prime Minister of Kyrgyzstan Sapar Isakov said on September 21 at a meeting of the Council for Business Development and Investment. Chairman of the Investment Council Taalaibek Koichumanov said that the recommendation of the council…
Prices for natural gas should not depend on any political figures or factors, Naftogaz Ukrainy Head Andriy Kobolev believes. “We can talk about different mechanisms of pricing, we can talk about hubs, the domestic market or other principles, but we need to clearly understand the main requirement of Western partners, with which we completely agree…
Prime Minister Juri Ratas (Center) met with Vice-President of the European Commission Maros Sefcovic to discuss energy infrastructure projects, the Clean Energy package and other energy sector-related matters. Ratas and Sefcovic opened the meeting by discussing the synchronization of Baltic power systems with Poland and Europe. “The synchronization of Baltic power systems needs to meet…
Once commissioned the nuclear power plant in Ostrovets will generate about 25% of electrical energy Belarus needs, Belarus’ Deputy Energy Minister Mikhail Mikhadyuk said at a plenary meeting of the 61st session of the IAEA General Conference in Vienna on September 19. He stressed that today many states pinned their hopes on nuclear energy as…