Contracts signed for construction of 14 more apartment buildings in Fuzuli city
Economics
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Azerbaijan will present its "National Electromobility Plan" at COP29, Minister of Energy Parviz Shahbazov announced in an article published in the state newspaper Azerbaijan on the occasion of "Energy Day."
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported a 10% increase in assets for January-September 2024, reaching $61.698 billion, with assets growing by $1 billion in September, according to the chart.
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BAKU (Reuters) - Azerbaijan aims to increase the share of renewable energy sources (RES) in its total energy system to 34.7% by 2030, representing a capacity of 2.25 GW, Energy Minister Parviz Shahbazov announced in a statement published in the newspaper Azerbaijan to mark Energy Day.
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The holding of COP29 in Azerbaijan and "climate financing" as a priority of this UN summit have led Azerbaijan's banking system to accelerate work on "green" financing instruments.
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