A recent seminar organized by the World Bank shed light on the concerning levels of energy consumption in buildings within Azerbaijan. According to the World Bank, buildings in Azerbaijan are responsible for a staggering 55% of the nation's total energy consumption, significantly surpassing the global average of 35%. This revelation underscores the urgent need for comprehensive measures to enhance energy efficiency in the country's built environment.
The Fund for the Social Development of Internally Displaced Persons has embarked on the design phase for six additional settlements in territories liberated from occupation in Azerbaijan.
The project encompasses various locations, including Umudlu village in the Terter district, Malybeyli village and Turshsu village in the Shusha district, Kerkijahan village in Khankendi city, Khojavend village in the Khojavend district, and Khojaly city.
At the initial stage Azerbaijan plans to export 4 GW of green energy to Europe via the Black Sea.
This was announced by Azerbaijani Deputy Energy Minister Kamal Abbasov during his speech at the 14th International Energy Agency (IEA) - International Energy Forum (IEF) - Organisation of Petroleum Exporting Countries (OPEC) Energy Review Symposium in Riyadh.
Azerbaijan's "Pasha Holding" is preparing to invest $200 million in the construction of a five-star "Ritz-Carlton" hotel in Tashkent.
The government decree on measures to implement the investment programme of Uzbekistan for the first quarter of 2024 says that the hotel under the "Ritz Carlton" brand is planned to be built in Chilanzar district of Tashkent.