Azerbaijan Partners with IRENA for Renewable Energy Expansion

06 Jun 2024 CW Team

Azerbaijan, a key player in the energy sector, is leveraging its resources to transition towards sustainable energy sources. Through its partnership with IRENA, the country seeks to harness the potential of renewable energy technologies to meet its growing energy demands while reducing carbon emissions.

With vast untapped renewable energy resources, including solar, wind, and hydroelectric power, Azerbaijan holds significant potential for clean energy development. The collaboration with IRENA will facilitate the monitoring and evaluation of renewable energy projects, ensuring effective implementation and optimal utilization of resources.

By setting ambitious energy efficiency goals for 2030, Azerbaijan aims to enhance its energy security and resilience while mitigating the environmental impact of its energy sector. Through targeted policies and investments, the country seeks to promote renewable energy adoption and foster innovation in sustainable energy solutions.

Key areas of focus include the development of renewable energy infrastructure, capacity building initiatives, and regulatory frameworks to support renewable energy integration into the national grid. By embracing renewable energy technologies, Azerbaijan aims to diversify its energy mix, reduce dependence on fossil fuels, and create new opportunities for economic growth and development.

As part of its commitment to the global transition towards clean energy, Azerbaijan actively participates in international forums and initiatives aimed at promoting renewable energy and sustainable development. The partnership with IRENA underscores Azerbaijan's dedication to advancing the renewable energy agenda and contributing to the achievement of global climate goals.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..