News of the CIS countries

News of the CIS countries22.02.2024

Share of renewable energy sources in investment capacity will reach 33% in Azerbaijan by 2027

QAZAQ GREEN. Azerbaijan's Energy Minister Parviz Shahbazov has met with Secretary at the US Department of Energy Jennifer M. Granholm, Azertag reports.

The discussion primarily focused on developing bilateral energy cooperation in new areas, including the supply of natural gas and green energy, alongside the upcoming COP29.

The two exchanged views on the energy security projects implemented by Azerbaijan as a traditional energy supplier, as well as the development of the Caspian-Black Sea-Europe and Central Asia-Azerbaijan-Europe green energy corridors. The sides stressed the importance of these corridors in interregional integration, energy security, and energy transition.

Parviz Shahbazov highlighted Azerbaijan`s initiative as the host country of COP29, particularly its strides in renewable energy and advancing global climate goals. He noted that by 2027, through the integration of 2 GW of green energy production capacities into the energy grid, the share of renewable energy sources in investment capacity will surge to 33%. 

During the conversation, the sides exchanged views on energy storage systems, emission reduction strategies, Azerbaijan's initiatives within the COP framework, and reviewed potential avenues for partnership.

26.07.2024
Masdar and Endesa join forces for €1.7 billion Spanish renewable energy deal
25.07.2024
Solar energy in Armenia grew from zero to 13% in five years
24.07.2024
This window with transparent solar panels changes everything: free energy at home and a futuristic design
24.07.2024
Windcatcher Receives AIP from DNV
24.07.2024
Game-changing discovery: Chinese scientists have discovered a “secret” hidden structure in perovskite solar cells
23.07.2024
Renewable energy share in Kazakhstan's electricity generation reaches 6.5% in H1 2024
23.07.2024
Kazakhstan to supply "green energy" to Europe via Azerbaijan
23.07.2024
Wind energy blows away coal-fired power in the US
22.07.2024
Lightweight solar-powered drones promise indefinite flight
22.07.2024
IEA: RES share of global electricity supply forecast to rise up to 35% in 2025
22.07.2024
Brazil becomes G20 leader in terms of renewables share in energy mix
19.07.2024
Zhambyl region leads in renewable energy capacity in Kazakhstan
19.07.2024
World's first 'dual-tower solo generator' solar thermal storage power station in commissioning phase
19.07.2024
In 2023, the world updated the annual record for electricity production from renewable energy sources
19.07.2024
SunCable’s flagship AAPowerLink project receives major environmental approval
18.07.2024
EU to invest record €7 billion into sustainable, safe and smart transport infrastructure
18.07.2024
China Southern Power Grid to become co-investor in ACWA Power's project in Uzbekistan
18.07.2024
Uzbekistan saves 1.5 billion cubic meters of gas through renewable energy initiatives
17.07.2024
Solar energy in Armenia reaches 9% of domestic generation
17.07.2024
KMG, Eni begin construction of hybrid power plant in Zhanaozen