The European Bank for Reconstruction and Development (EBRD) has confirmed its participation in the upcoming 2024 United Nations Climate Change Conference, COP29, scheduled to take place…
Browsing: Azerbaijan
Saudi renewables developer ACWA Power Co has successfully achieved financial closure on USD 62 million (EUR 57.1 million) in debt to support its 100-MW Nukus 1…
The European Bank for Reconstruction and Development (EBRD) is evaluating a loan of up to USD 180 million (EUR 161.2 million) to support two solar projects…
The Azerbaijan Renewable Energy Agency has initiated its first offshore wind measurement campaign, in line with the nation’s Social-Economic Development Strategy 2022-2026. This project aims to…
Azerbaijan, set to host this year’s U.N. COP29 climate summit, has altered its approach, abandoning earlier plans to propose a levy on fossil-fuel producers to raise…
UAE-based renewables developer Masdar and the State Oil Company of Azerbaijan Republic (SOCAR) marked a significant milestone with a groundbreaking ceremony for three renewable energy ventures…
Azerbaijan is gearing up to significantly increase the share of renewables in its energy sector, aiming to reach almost a third with over $2 billion in…
The incoming presidency of COP29, Azerbaijan, has announced a partnership with the International Renewable Energy Agency (IRENA) to monitor progress towards ambitious renewable energy and energy…
Following bilateral and inter-delegation meetings, a “Memorandum of Understanding on Cooperation in the Field of Energy” was signed in the presence of Erdogan and Kobakhidze between…
Senior officials from the United States and China engaged in two days of bilateral meetings focused on climate change, addressing issues ranging from overcapacity in solar…
During the annual Petersberg Climate Dialogue, COP28 President Sultan Al Jaber emphasized the critical importance of significant investment in renewable energy infrastructure. Al Jaber underscored the…
The Ministry of Energy of Azerbaijan, in collaboration with the European Bank for Reconstruction and Development (EBRD), has initiated the nation’s inaugural renewable energy auction, marking…
