Connection

popular articles

Air Products welcomes Wayne T. Smith to the Board of Directors
Air Liquide accelerates hydrogen mobility with a €50 million investment
The Port Harcourt Refinery Restarts: A New Breath for the Nigerian Economy
Europe’s Largest Dams in 2024
BlackRock invests in the strategic pipeline between Saudi Arabia and Bahrain

Masdar strengthens its commitment to renewable energy in Azerbaijan

Masdar, a fast-growing renewable energy company, has announced plans to strengthen its commitment to renewable energy development in Azerbaijan with the opening of a new office in the capital city of Baku.

Please share:

Masdar has announced its intention to strengthen its commitment to the development of renewable energy in Azerbaijan with the opening of a new office in the capital city of Baku.

 

Inauguration of the new office

The opening of Masdar’s office in Baku was attended by the UAE ambassador to Azerbaijan, David Abdullayev, director of the Azerbaijan Renewable Energy Agency, and a delegation from Masdar led by its director general, Mohamed Jameel Al Ramahi.

 

Commitment to decarbonization

Masdar will work closely with the government and other stakeholders in Azerbaijan to accelerate the growth of the renewable energy sector. The country continues to take bold steps to meet its clean energy and low-carbon transition goals.

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Elect and Chairman of Masdar, said that both the UAE and Azerbaijan recognize the importance of investment in renewable energy to foster economic diversification, stability and growth.

Mohammed Murad Al Blooshi, UAE ambassador to Azerbaijan, said the opening of the new Masdar office in Azerbaijan is a testament to the two countries’ shared ambition for renewable energy and sustainability. Both nations are committed to working together to create a sustainable future.

 

Azerbaijan’s renewable energy ambitions

Azerbaijan has announced its intention to increase its installed electricity capacity from renewable sources by 30% by 2030. This strategy aims to diversify its economy and reduce its greenhouse gas emissions. The government of Azerbaijan considers the development of renewable energy sources as a priority for the development of the country and wants to make it a major producer and exporter of green energy.

At Abu Dhabi Sustainability Week 2023, the President of the Republic of Azerbaijan, Heydar Aliyev, gave a fiery speech highlighting his country’s clean energy goals and emphasized the role of his partnership with Masdar in achieving them. During ADSW, Masdar signed joint development agreements for offshore wind, solar, and integrated wind and green hydrogen projects with a total capacity of 4 GW. This is part of a broader agreement with the Azerbaijani Ministry of Energy to develop a renewable energy program on a bilateral basis with a total capacity of 10 GW through different technologies. This is one of the largest signatures of its kind in the history of Azerbaijan.

Register free of charge for uninterrupted access.

Publicite

Latest news

Ormat Technologies signs a 10-year contract with Calpine Energy Solutions for 15 MW of geothermal energy
Iran’s Nuclear Program: Acceleration and Geopolitical Challenges
OLI Systems supports Lilac Solutions in optimizing lithium extraction
TotalEnergies: Mozambique LNG project remains suspended pending security guarantees
GE Vernova: Quarterly Results Fall Short of Expectations, but 2025 Outlook Remains Strong

Recently published in

France: Illegal Clauses Found in Contracts of 17 Energy Suppliers, According to DGCCRF

An investigation conducted in 2023 by the DGCCRF revealed that nearly two-thirds of electricity and gas suppliers inspected included abusive or illegal clauses in their contracts, potentially affecting consumer rights.
PG&E secures a $15 billion loan to modernize California’s energy grid
The U.S. Department of Energy grants Pacific Gas and Electric a loan to modernize infrastructure, integrate more renewables, and improve grid reliability.
en_11401347540
PG&E secures a $15 billion loan to modernize California’s energy grid
The U.S. Department of Energy grants Pacific Gas and Electric a loan to modernize infrastructure, integrate more renewables, and improve grid reliability.
en_11401347540
The Energy Markets Facing the Impact of U.S. Climate Policy
As the United States considers another withdrawal from the Paris Agreement, major economic powers organize to maintain leadership in a rapidly transforming energy sector.
en_11401354540
The Energy Markets Facing the Impact of U.S. Climate Policy
As the United States considers another withdrawal from the Paris Agreement, major economic powers organize to maintain leadership in a rapidly transforming energy sector.
en_11401354540
Bulgaria Redefines Its Energy Strategy: Focus on Security and Diversification
Zhecho Stankov, Bulgaria's new Minister of Energy, emphasizes energy security and supply diversification while aligning with European goals for sustainable transition.
en_11401331540
Bulgaria Redefines Its Energy Strategy: Focus on Security and Diversification
Zhecho Stankov, Bulgaria's new Minister of Energy, emphasizes energy security and supply diversification while aligning with European goals for sustainable transition.
en_11401331540

Indonesia: A Forest Conversion Project Raises Concerns Among NGOs

The Indonesian government’s plan to convert 20 million hectares of forests for food and energy sparks criticism from NGOs, which warn of irreversible environmental consequences.
France reaches 95% low-carbon electricity in 2024: A historic milestone
In 2024, French electricity production hit an unprecedented milestone: 95% low-carbon energy, powered by nuclear and renewables. A record marking a strategic turning point in national energy policy.
en_11401340540
France reaches 95% low-carbon electricity in 2024: A historic milestone
In 2024, French electricity production hit an unprecedented milestone: 95% low-carbon energy, powered by nuclear and renewables. A record marking a strategic turning point in national energy policy.
en_11401340540
Explosion of a Tanker Truck in Nigeria: 98 Dead and an Alarming Toll
In Nigeria, a tragic tanker truck explosion claimed 98 lives and injured 69 others. This incident highlights security challenges and the socio-economic consequences of ongoing reforms.
en_11401344540
Explosion of a Tanker Truck in Nigeria: 98 Dead and an Alarming Toll
In Nigeria, a tragic tanker truck explosion claimed 98 lives and injured 69 others. This incident highlights security challenges and the socio-economic consequences of ongoing reforms.
en_11401344540
Trump reignites oil drilling and exits the Paris Agreement: a climate earthquake
Donald Trump announces the United States' withdrawal from the Paris Agreement and declares a national "energy emergency," jeopardizing global efforts to combat climate change.
en_11401342540
Trump reignites oil drilling and exits the Paris Agreement: a climate earthquake
Donald Trump announces the United States' withdrawal from the Paris Agreement and declares a national "energy emergency," jeopardizing global efforts to combat climate change.
en_11401342540

Bosnia Adopts a Law to Reduce Its Gas Dependence

A Bosnian entity adopts a text to build a gas pipeline toward Croatia. This measure aims to diversify supply and reduce reliance on Russian gas, under the notable impetus of American diplomacy.
France: Electricity rates, 15% decrease for millions of subscribers
Regulated electricity rates drop by 15%. Millions of households and small businesses are affected. The Commission de Régulation de l’Énergie confirms this development despite the end of the price shield and the Turpe increase.
en_11401311540
France: Electricity rates, 15% decrease for millions of subscribers
Regulated electricity rates drop by 15%. Millions of households and small businesses are affected. The Commission de Régulation de l’Énergie confirms this development despite the end of the price shield and the Turpe increase.
en_11401311540
Chris Wright: Trump’s Pick for Energy Balances Renewables and Fossil Fuels
During his Senate hearing, Chris Wright, Donald Trump’s Energy nominee, surprised many by acknowledging climate change while advocating for an energy growth strategy blending renewables and fossil fuels.
en_11401284540
Chris Wright: Trump’s Pick for Energy Balances Renewables and Fossil Fuels
During his Senate hearing, Chris Wright, Donald Trump’s Energy nominee, surprised many by acknowledging climate change while advocating for an energy growth strategy blending renewables and fossil fuels.
en_11401284540
France: Ademe manage 3.5 billion euros for ecological transition
Criticized by political figures, Ademe defends its management of 3.5 billion euros allocated to the ecological transition in collaboration with the state and local authorities.
en_11401295540
France: Ademe manage 3.5 billion euros for ecological transition
Criticized by political figures, Ademe defends its management of 3.5 billion euros allocated to the ecological transition in collaboration with the state and local authorities.
en_11401295540

Norway Awards 53 Licenses to Boost Its Continental Shelf Energy Sector

The APA 2024 cycle marks a turning point for Norwegian energy, with 53 licenses distributed among 20 companies. These opportunities aim to maintain competitiveness and innovation in a key European sector.
The United States modernizes 90 miles of network with Great River Energy and Prisma Photonics
Great River Energy collaborates with Prisma Photonics to monitor 90 miles of electrical lines in real-time in the United States, enhancing resilience against climate challenges and network disruptions.
en_11401274540
The United States modernizes 90 miles of network with Great River Energy and Prisma Photonics
Great River Energy collaborates with Prisma Photonics to monitor 90 miles of electrical lines in real-time in the United States, enhancing resilience against climate challenges and network disruptions.
en_11401274540
France mandates 50% canopies; Carrefour and 10 federations respond
In France, Carrefour and ten federations challenge a decree mandating the coverage of 50% of outdoor parking lots with photovoltaic canopies, citing unrealistic deadlines and significant economic impacts.
en_11401258540
France mandates 50% canopies; Carrefour and 10 federations respond
In France, Carrefour and ten federations challenge a decree mandating the coverage of 50% of outdoor parking lots with photovoltaic canopies, citing unrealistic deadlines and significant economic impacts.
en_11401258540
The 3-Billion-Euro France-Spain Electric Line Blocked by Activists
In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
en_11401241540
The 3-Billion-Euro France-Spain Electric Line Blocked by Activists
In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
en_11401241540

The Netherlands plans 70 GW of offshore wind energy with the IEA

The International Energy Agency highlights the Netherlands' ambitions to increase offshore wind capacity while addressing challenges to secure their energy transition.
The United States Strengthens Offshore Penalties with Fines Reaching $59,114
The Bureau of Ocean Energy Management increases environmental penalties for offshore operations, aiming to ensure compliance from industry players.
en_11401208540
The United States Strengthens Offshore Penalties with Fines Reaching $59,114
The Bureau of Ocean Energy Management increases environmental penalties for offshore operations, aiming to ensure compliance from industry players.
en_11401208540
Kazakhstan: 6.6 million USD imposed on an oil consortium for pollution
A Kazakh court has ordered NCOC, an international oil consortium, to pay 6.6 million USD for excessive gas flaring at the Kachagan oil field, highlighting regional environmental challenges.
en_11401201540
Kazakhstan: 6.6 million USD imposed on an oil consortium for pollution
A Kazakh court has ordered NCOC, an international oil consortium, to pay 6.6 million USD for excessive gas flaring at the Kachagan oil field, highlighting regional environmental challenges.
en_11401201540
A global warming record with 1.55°C in 2024, the UN calls for urgent measures
In 2024, the global average temperature exceeded 1.55°C above pre-industrial levels, a historical record. Natural disasters are intensifying, and the UN urges immediate action to counter their growing impacts.
en_11401215540
A global warming record with 1.55°C in 2024, the UN calls for urgent measures
In 2024, the global average temperature exceeded 1.55°C above pre-industrial levels, a historical record. Natural disasters are intensifying, and the UN urges immediate action to counter their growing impacts.
en_11401215540

The United States Fails to Reduce Greenhouse Gas Emissions in 2024

Despite ambitious climate commitments, the United States only reduced its greenhouse gas emissions by 0.2% in 2024. A report from the Rhodium Group highlights a concerning trajectory for achieving the targets set in the Paris Agreement.
France: Agnès Pannier-Runacher retains climate and decarbonization responsibilities
The French Minister of Ecological Transition, Agnès Pannier-Runacher, sees her responsibilities adjusted but remains in charge of combating climate change and leading decarbonization efforts despite losing direct control over energy.
en_11401188540
France: Agnès Pannier-Runacher retains climate and decarbonization responsibilities
The French Minister of Ecological Transition, Agnès Pannier-Runacher, sees her responsibilities adjusted but remains in charge of combating climate change and leading decarbonization efforts despite losing direct control over energy.
en_11401188540
Canada: Trudeau and the Controversial Climate Legacy
When Justin Trudeau came to power in 2015, he symbolized the hope of a Canada that would lead the world in climate action. Nearly a decade later, he is leaving the political stage, leaving behind a controversial record. Carbon taxes, energy transition, and provincial tensions marked his tenure. With conservatives leading in the polls, the country is on the brink of a potential shift in its climate policy.
en_11401185540
Canada: Trudeau and the Controversial Climate Legacy
When Justin Trudeau came to power in 2015, he symbolized the hope of a Canada that would lead the world in climate action. Nearly a decade later, he is leaving the political stage, leaving behind a controversial record. Carbon taxes, energy transition, and provincial tensions marked his tenure. With conservatives leading in the polls, the country is on the brink of a potential shift in its climate policy.
en_11401185540
Germany slows its energy transition with a limited 3% emissions reduction
Germany’s energy transition slowed in 2024, with a mere 3% reduction in greenhouse gas emissions. Political and economic uncertainty hampers investments in key sectors, particularly industry and transport.
en_11401149540
Germany slows its energy transition with a limited 3% emissions reduction
Germany’s energy transition slowed in 2024, with a mere 3% reduction in greenhouse gas emissions. Political and economic uncertainty hampers investments in key sectors, particularly industry and transport.
en_11401149540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS