"Google Tax" to Take Effect from December 1

Swiss train manufacturer Stadler Rail Group is set to deepen its partnership with Azerbaijan by investing approximately €10 million to establish a Training and Human Resource Development Center for Azerbaijan Railways (ADY) in Baku.

Azerbaijan generated 23,847.3 million kWh of electricity in the first ten months of 2024, according to preliminary operational data.

Azerbaijan’s Minister of Energy Parviz Shahbazov presented the country’s ambitious green energy goals during a COP29-related event organized by the Federation of German Industry. The event was attended by Germany’s Vice Chancellor and Minister for Economic Affairs and Climate Action, Robert Habeck.

On November 18, as part of COP29, Azerbaijan’s Deputy Minister of Energy, Orkhan Zeynalov, signed Memorandums of Understanding (MoU) in the field of "green energy" with representatives from Chinese companies "PowerChina Resources Limited" and "TBEA Co., Ltd."