Latest news
Ukraine and Poland agree to push for integrated grids
Energoatom, Ukrenergo and Polenergia have inked a memorandum of understanding on a project to export power through European grids.
read more... 24/03/2015
EIB backs energy interconnection project between Armenia and Georgia
European Investment Bank (EIB) will give €10 million in loan for funding the building of an electricity transmission connection and a high voltage direct current station linking Armenia and Georgia.
read more... 20/03/2015
RWE purchases minority stake in Conergy
Germany's second-largest utility RWE has purchased a minority stake in solar conglomerate Conergy, aiming to develop its position in the embattled solar industry after having missed the tendency for years.
read more... 17/03/2015
Finland’s Fortum will sell Swedish electricity grid for $6.9 billion
Finnish utility Fortum has decided to sell its Swedish power distribution business to a conglomerate comprising Canada's Borealis for approximately 6.6 billion euros ($6.9 billion), finalizing its withdrawal from Nordic electricity grid assets.
read more... 16/03/2015
Hungary-Russia nuclear agreement hits EU objection
Hungary's plan of 10 billion euro ($10.6 billion) to develop its Soviet-era Paks nuclear power plant in a transaction with Russia has encountered a hurdle in the European Commission that might force Budapest to review the terms, as stated by EU sources on Thursday.
read more... 13/03/2015