
Georgia
French court suspends Georgia’s $383 million payment to company behind Namakhvani HPP
ENKA Renewables terminated the contract to build the HPP in 2021, citing breaches of terms and force majeure.

ENKA Renewables terminated the contract to build the HPP in 2021, citing breaches of terms and force majeure.

Strategic energy projects remain stalled or abandoned with millions instead going to pay arbitration disputes led by Russia and Turkey.

Abkhazian authorities promise they won’t allow a collapse of the energy grid this winter. But can they deliver?

Armenia’s Public Services Regulatory Commission discussed the decision for three days.

Neither side has specified a timeframe for the implementation of projects.

Azerbaijani President Ilham Aliyev also plans to send $2 million to assist Ukraine’s energy sector.

Azerbaijani President Ilham Aliyev previously promised Azerbaijan would invest $2 billion into Pakistani initiatives.