Rolls-Royce SMR to start works with ČEZ on small modular reactors
Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement within their strategic partnership for small modular reactors
EDF scraps project Nuward to turn to simpler small modular reactor design
The French nuclear power giant EDF gave up on its original vision for Nuward, an innovative SMR, turning instead to proven technologies
Energy market is changing – we’ll buy electricity in department stores
The business models that the energy industry maintained for decades are being rapidly altered as customers can now buy power in supermarkets
Copper producer Aurubis installing largest solar power plant in Bulgaria for own needs
Aurubis hired ČEZ Group's subsidiary CEZ ESCO to build a 10 MW solar power plant near its production site in Bulgaria, located close to Sofia
ČEZ agrees to sell Romanian assets to Australia’s MIRA
ČEZ Group has signed an agreement to sell its seven businesses in Romania to Australian fund manager Macquarie
Contract signed for largest self-consumption PV plant in Bulgaria
Copper producer Aurubis Bulgaria and energy solution provider CEZ ESCO Bulgaria have signed a contract for the construction of a 10 MW photovoltaic power plant, which would be the largest one for self-consumption in the country. The plant will be installed at the Aurubis’ Pirdop copper smelter and refinery, located 80 kilometers east from Sofia. […]
Fool’s Gold: Financial institutions waste billions on coal, undermining climate action
European financial institutions and international investors and banks including BlackRock and Japanese megabanks are keeping Europe’s terminally declining coal industry on life support, handing companies EUR 12 billion in investment, and EUR 9.8 billion in loans and underwriting in less than 1.5 years, according to a new report by Europe Beyond Coal and partners. Such […]
Hungary’s MVM plans acquisitions, deals to boost regional presence ahead of IPO
Hungary’s state-owned electricity producer MVM plans to build a regional presence through a series of acquisitions and deals before its potential initial public offering (IPO), Bloomberg has reported, citing an interview by MVM CEO György Kóbor. Deals in Hungary have included the purchase of units from Germany’s E.ON and an unprofitable coal plant, which MVM […]