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Energy Economy
Masdar and SOCAR Green Achieve Financial Close for Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to s
Climate Change
UN Chief Urges Faster Climate Action as COP29 Opens
UN Secretary-General António Guterres warned world leaders that urgent action is needed to prevent the worst effects of climate change, stressing that ti
Hydrogen
Fostering A Sustainable Future, Sinopec Hosts Multilateral Event on Hydrogen Energy at COP29
BAKU, Azerbaijan-- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) has successfully hosted a multilateral event themed Hydrogen Powering Climate A
Hydropower
COP29 Global Energy Storage Target: A Strong First Step
Baku, 15 November 2024: Multiple nations have committed to the Global Energy Storage and Grids Pledge. The pledge, which was proposed by the COP29 Presidency, c
Climate Change
COP29: Cement Industry Urges Global Policy Action to Achieve Net Zero Goals
The Global Cement and Concrete Association has called on governments worldwide to implement supportive policies for the cement industry’s decarbonisationG
Climate Change
Global Renewables Alliance Urges Action to Boost Global Green Energy Trade at COP29
The Global Renewables Alliance has called on world leaders to tackle trade barriers that slow the growth of renewable energyThe Global Renewables Alliance (GRA)
Wind Power
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme
Nuclear Power
More Countries Sign Declaration To Triple Nuclear Capacity
At the COP29 UN climate change conference taking place in Baku, Azerbaijan, six more countries - El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria and Turkey - ha
Climate Change
Global Renewables Alliance Urges Action to Boost Global Green Energy Trade at COP29
The Global Renewables Alliance (GRA) has made an urgent appeal at COP29, calling on world leaders to confront the trade barriers that are holding back renewable
Solar
Azerbaijan Breaks Ground on 240 MW Solar Plant
Work is underway on a 240 MW solar project in southwestern Azerbaijan following the signing of an investment agreement and land lease agreement. It is being dev
Climate Change
IEA at COP29: High-Level Roundtable on Energy: Advancing Climate Mitigation Action
The COP29 Presidency and International Energy Agency (IEA) are convening the final in a series of high-level energy transition dialogues to support the COP29 cl
Climate Change
NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030
Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to IRENA’s
Climate Change
Climate Adaptation on the Agenda at COP29
UNEP’s Adaptation Gap Report 2024 finds that nations must dramatically increase climate adaptation efforts, starting with a commitment to act on finance, one w
Oil & Gas
Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai
Belt and Road
Azerbaijani Minister Travels to China for Belt and Road Energy Conference
Azerbaijani Energy Minister Parviz Shahbazov has travelled to China at the invitation of Chairman of the Chinese National Energy Administration Zhang Jianhua.Th
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NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030