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COP29
Urgent Action Needed to Bridge Adaptation Funding Gap, UN Official Says at COP29
Simon Stiell, Executive Secretary of UN Climate Change has highlighted the pressing need for increased adaptation funding, particularly for Least Developed Coun…
Energy Investment
Masdar and SOCAR Green Achieve Financial Close for Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to s…
COP29
UN Chief Urges Faster Climate Action as COP29 Opens
UN Secretary-General António Guterres warned world leaders that urgent action is needed to prevent the worst effects of climate change, stressing that ti…
China
Fostering A Sustainable Future, Sinopec Hosts Multilateral Event on Hydrogen Energy at COP29
BAKU, Azerbaijan-- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) has successfully hosted a multilateral event themed Hydrogen Powering Climate A…
Pumped Storage
COP29 Global Energy Storage Target: A Strong First Step
Baku, 15 November 2024: Multiple nations have committed to the Global Energy Storage and Grids Pledge. The pledge, which was proposed by the COP29 Presidency, c…
Net Zero
COP29: Cement Industry Urges Global Policy Action to Achieve Net Zero Goals
The Global Cement and Concrete Association has called on governments worldwide to implement supportive policies for the cement industry’s decarbonisationG…
COP29
Global Renewables Alliance Urges Action to Boost Global Green Energy Trade at COP29
The Global Renewables Alliance has called on world leaders to tackle trade barriers that slow the growth of renewable energyThe Global Renewables Alliance (GRA)…
Wind Farm
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme…
Nuclear Power Plant (NPP)
More Countries Sign Declaration To Triple Nuclear Capacity
At the COP29 UN climate change conference taking place in Baku, Azerbaijan, six more countries - El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria and Turkey - ha…
COP29
Global Renewables Alliance Urges Action to Boost Global Green Energy Trade at COP29
The Global Renewables Alliance (GRA) has made an urgent appeal at COP29, calling on world leaders to confront the trade barriers that are holding back renewable…
Nuclear Policy
US Sets Targets to Triple Nuclear Energy Capacity by 2050
The United States announced new nuclear energy deployment targets at the UN climate summit (COP29) in Baku, Azerbaijan. As outlined in the framework, the aim is…
Solar Power Plant
Azerbaijan Breaks Ground on 240 MW Solar Plant
Work is underway on a 240 MW solar project in southwestern Azerbaijan following the signing of an investment agreement and land lease agreement. It is being dev…
Offshore Wind Power
New UK Initiative to Boost Local Supply Chains and Jobs in Offshore Wind
During the opening day of the World Leaders Summit at COP29 in Baku, Azerbaijan, the UK’s Prime Minister Keir Starmer unveiled a new strategy aimed at mot…
COP29
IEA at COP29: High-Level Roundtable on Energy: Advancing Climate Mitigation Action
The COP29 Presidency and International Energy Agency (IEA) are convening the final in a series of high-level energy transition dialogues to support the COP29 cl…
Net Zero
NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030
Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to IRENA’s …
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