Energy

EU okays Polish EUR 1.2bn state-aided energy-storage project

The European Commission (EC) has greenlit Poland's USD 1.2bn scheme for projects to increase electricity storage capabilities to foster the…

4 months ago

Serbian MPs vote against lithium mining ban, as Rio Tinto project edges closer

Serbian MPs voted down the enactment of a ban on lithium and boron exploration on Thursday, 10 October. An opposition-tabled…

4 months ago

EU pushes Romania to modify energy price caps

The EU has called on Romania to amend its energy price-capping scheme, urging the government to allow gas and electricity…

4 months ago

Czech ‘crisis manager’ Sikela to helm EU’s answer to China’s Belt and Road Initiative

Czechia's former industry minister and crisis manager Jozef Sikela has been appointed to lead the EU’s EUR 300bn Global Gateway…

4 months ago

MOL inks gas exploration deal in Azerbaijan

Hungary's MOL Group, along with its joint venture partners, has signed commercial agreements to advance the development of significant gas…

5 months ago

Korean firm to build EUR 16bn Czech nuclear plant

South Korea’s Korea Hydro & Nuclear Power (KHNP) will lead Czechia's largest-ever investment project when the Central and Eastern Europe…

5 months ago

Orlen inks deal to secure LNG supplies to Poland, Baltics

Poland’s strategic energy giant PKN Orlen has signed a five-year exclusive deal with Lithuanian energy terminal operator KN Energies to…

5 months ago

Poland unveils massive transport, energy, defence plans under 2025 budget

Polish Prime Minister Donald Tusk vowed to tackle inflation, drive record economic growth, and bolster key investments in energy and…

5 months ago

Hungary nears energy deal in wake of Lukoil sanctions – FM

Hungary is rushing to safeguard its energy security following Ukraine's sanctions on Russian oil company Lukoil, and is in active…

5 months ago

Enlight kicks off Hungary solar project

Enlight Renewable Energy, a prominent player in the green energy sector, began production and sales at its EUR 43.29mn Tapolca…

6 months ago