Energy

Chinese Risen Energy talks benefits of financing new SPP in Kazakhstan with EBRD (Exclusive)

China's Risen Energy took charge of EPC (Engendering, procurement and construction) of 40 MW solar power plant in Kazakhstan and invested 30 percent of the project’s capital, and the rest 70 percent was financed by European Bank for Reconstruction and Development (EBRD), the company told Trend in an interview.

Russia’s Energy Plans for Turkey

Russia is interested in building natural gas storage facilities in Turkey, officials from Russia's Gazprom said March 20. Over the winter, Gazprom redirected natural gas from its storage facilities in Europe after a spike in demand in Turkey. Now, Gazprom wants to build underground natural gas storage facilities in Turkey to help when supplies dwindle in the future.