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Fitch Sees Strong Long-Term Growth for Solar Sector in India

Fitch Sees Strong Long-Term Growth for Solar Sector in India

Despite the headwinds impacting module supply and solar deployment, India’s solar market is expected to emerge from a slow 2023 with significant growth and feel the benefit of the country’s protectionist domestic manufacturing policies

Bulgaria Clears Way to Take Control of Lukoil Oil Refinery If Needed

Bulgaria Clears Way to Take Control of Lukoil Oil Refinery If Needed

Bulgaria can take over operation of Russian company Lukoil's (LKOH.MM) Neftochim Burgas refinery for up to a year, lawmakers decided on Friday in a vote aimed at protecting critical infrastructure and ensuring fuel supplies for the Balkan country

Russia’s Lukoil Mulls Selling Assets in Romania, Moldova

Russia’s Lukoil Mulls Selling Assets in Romania, Moldova

Russian energy company Lukoil could sell its businesses in Romania and Moldova, which consist of gas station chains, a refinery in Ploiesti, Romania, a wind farm in Romania and oil depots in both countries, local media reported

Russia Sends More Arctic Oil to China, India After Sanctions

Russia Sends More Arctic Oil to China, India After Sanctions

Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, trade sources and data show

Germany’s Green Energy Transition Enters Make-Or-Break Year

Germany’s Green Energy Transition Enters Make-Or-Break Year

With new laws in place, land allocated and more generous subsidy schemes green-lit, 2023 will be decisive in determining whether Germany is on track towards meeting its ambitious 80% renewable electricity target in 2030

Go-live of ADEX - Slovenian and Serbian TSOs Along With EPEX SPOT Established the First Regional Power Exchange for Central and South-Eastern Europe

Go-live of ADEX - Slovenian and Serbian TSOs Along With EPEX SPOT Established the First Regional Power Exchange for Central and South-Eastern Europe

Alpine-Adriatic Danube Power Exchange - ADEX, the first regional power exchange for Central and South-Eastern Europe, was officially established on 23 December 2022 in Ljubljana via formal signature of its founding members ELES, EMS, and EPEX SPOT. ADEX was established in the way of corporate merging between BSP SouthPool and SEEPEX, with the company’s headquarters in Ljubljana and main permanent offices in Ljubljana and Belgrade. The newly founded ADEX will offer harmonized one-stop-shop spot power trading services in Slovenia and Serbia, with the ambition to extend business to other countries in the Central and South-Eastern European (CSEE) region