Azerbaijan is advancing its green energy agenda, with bold targets and regional projects discussed at the IEA’s global energy efficiency conference.
At the 10th Annual Global Conference on Energy Efficiency held in Brussels by the International Energy Agency (IEA), Azerbaijan’s Energy Minister Parviz Shahbazov underscored his country’s commitment to sustainability. Highlighting energy efficiency and renewables as strategic pillars for Azerbaijan’s socio-economic growth, Shahbazov pointed to the “green energy zone” initiative in Karabakh and East Zangezur. He outlined a plan to build 90 renewable energy stations by 2030, aimed at saving 1 billion cubic meters of gas and cutting 2 million tons of greenhouse gas emissions annually.
The minister also shared Azerbaijan’s ambition to become a major green energy hub for Europe by developing interconnectors linking the Caspian region to Europe via Türkiye. The conference concluded with a Joint Statement emphasizing energy efficiency’s role in global energy transition.
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Azerbaijan and Kyrgyzstan have explored new avenues for energy cooperation during a high-level meeting in Baku.
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The United Kingdom has withdrawn its support for a major renewable energy project that aimed to supply power from Morocco to Britain through underwater cables, citing concerns over security and delivery risks.
A key unit at Iran’s South Pars gas field, damaged during Israel’s first strike on the country’s energy infrastructure, has resumed operations just 10 days after the attack.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
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Afghanistan’s Deputy Prime Minister for Economic Affairs, Abdul Ghani Baradar, met with Azerbaijani Prime Minister Ali Asadov in Baku to discuss expanding trade and developing the Lapis Lazuli transport corridor.
Azerbaijan and Kyrgyzstan have explored new avenues for energy cooperation during a high-level meeting in Baku.
Türkiye’s President and Iranian President met on the sidelines of the 17th Economic Cooperation Organization summit in Khankendi, Azerbaijan, highlighting the event’s regional significance.
In his speech at the Economic Cooperation Organization Summit held in Khankendi, the President of Uzbekistan urged to define the medium and long-term development priorities of the organization and put forward a proposal to adopt the concept of 'Strategic Goals of Economic Cooperation – 2035.
President Ilham Aliyev received UAE Minister Sultan Al Jaber in Khankendi on July 4, with both sides praising strong bilateral ties and exploring future energy and cultural cooperation.
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