Energy - 2024
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The technical potential of renewable energy in Azerbaijan is estimated at 135 GW on land and 157 GW at sea, the President of Azerbaijan, Ilham Aliyev, stated at the opening of the COP29 World Leaders...
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President of Azerbaijan Ilham Aliyev, in his speech at the opening of the COP29 World Leaders Summit on Climate Change in Baku, expressed his disagreement with those who still call Azerbaijan an oil s...
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The Group of Twenty (G20) is the largest source of emissions into the atmosphere. This was stated by UN Secretary-General António Guterres at the opening of the COP29 World Leaders Summit on Climate C...
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Azerbaijan has updated its renewable energy target for 2030 to 35.5%. This was announced by Azerbaijan’s Minister of Energy, Parviz Shahbazov, during the ministerial dialogue on "Scaling investments t...
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As part of COP29, the foundation-laying ceremony for the 240 MW “Shafag” solar power plant took place in the Jabrayil region, in partnership with BP.
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An intergovernmental agreement between Azerbaijan, Uzbekistan, and Kazakhstan for the implementation of the "green" corridor project through the Caspian will be signed on November 13, Azerbaijan’s Dep...
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Azerbaijan’s State Oil Company (SOCAR) and “IntelliGrid” (UAE), a joint venture of the “Esyasoft” holding and Presight company, have signed an agreement on implementing a state-of-the-art smart gas ne...
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A cooperation agreement was signed between Azerbaijan’s State Oil Company (SOCAR) and the Italian company Italgas yesterday at COP29. The agreement was signed by SOCAR’s Vice President Elshad Nasirov...
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A new electric vehicle charging station has been launched at the underground parking of SOCAR’s headquarters, the SOCAR Tower, for electric and plug-in hybrid vehicles.
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The European Bank for Reconstruction and Development (EBRD) has approved a long-term loan of $95 million for the development, construction, and operation of the 445 MW “Bilasuvar Solar SPV” solar powe...
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Türkiye has announced its candidacy to host COP31, Turkish President Recep Tayyip Erdoğan stated at the opening ceremony of the COP29 Leaders' Summit.
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Türkiye aims to increase its wind and solar energy capacity by four times and needs at least $80 billion in investments to achieve this goal, Türkiye’s Minister of Energy and Natural Resources, Alpars...
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Ankara considers it feasible to transit Turkmen gas through Azerbaijan, with potential supply volumes to Türkiye reaching up to 2 bcm per year, Türkiye's Minister of Energy and Natural Resources, Alpa...
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"We have completed the technical and economic feasibility study for the Black Sea undersea cable project and are moving on to detailed studies of the Black Sea," said Levan Davitashvili, First Vice Pr...













