AERA holds ‘Transition to Green Energy’ seminar at Baku Slavic University

The Azerbaijan Energy Regulatory Agency (AERA) organized a seminar titled ‘Transition to Green Energy’ at Baku Slavic University (BSU) as part of the ‘Energy Talks’ project within the ‘Green World Solidarity Year’.

Specialists from AERA and the Azerbaijan Renewable Energy Agency, BSU professors and teachers, researchers, students, as well as members of the ‘BSU Volunteers for the Green World’ group joined the event.

Speaking at the seminar’s opening, BSU Rector Anar Naghiyev mentioned that 2024 had been declared the ‘Green World Solidarity Year’ in the Republic of Azerbaijan by a decree from President Ilham Aliyev. He underlined that various events are underway at the University to mark this occasion. Rector Naghiyev also highlighted the ‘BSU Volunteers for the Green World’ group, which was created as part of ‘Green World Solidarity Year’, noting that the group represents the University’s first official volunteering movement. ‘Our aim is for our youth to actively promote awareness of the ‘green world’ throu
ghout the year.’ He also highlighted that Azerbaijan will host the prestigious event COP29 this year, which is one of the world’s largest events. He expressed gratitude to the AERA management for organizing the seminar as part of the ‘Energy Talks’ project at BSU.

Zeynab Kazimova, head of the AERA Press Section, then briefly spoke about the ‘Energy Talks’ project and noted that, as part of this project, joint events have been hosted with universities such as Azerbaijan State Oil and Industry University, Baku Engineering University, Azerbaijan Technical University, and Sumgayit State University. Zeynab Kazimova said that a number of events are organized in Azerbaijan in honor of the ‘Green World Solidarity Year’, emphasizing the contribution of educational institutions to this initiative. She lauded the establishment of the ‘BSU Volunteers for the Green World’ group at BSU within the framework of this significant year. She also emphasized that Azerbaijan’s hosting of COP29 in November this year is a testament
to the international community’s great respect and support for the country.

Afterwards, a video highlighting AERA’s activities was screened at the event.

The seminar continued with presentations by Hikmat Hasanov, Head of AERA’s Strategic Planning and Innovations Department, titled ‘Regulation of Charging Services for Electric Vehicles’, and Jabrayil Aliyev, Head of the Project Management Department of the Azerbaijan Renewable Energy Agency, titled ‘Development of Green Energy in Azerbaijan’.

Following the presentations, a question-and-answer session took place, covering a wide range of topics.

Source: Azerbaijan State News Agency

Culture figures awarded individual scholarships by President of Azerbaijan – ORDER

President Ilham Aliyev has signed an order awarding individual scholarships from the President of the Republic of Azerbaijan to culture figures.

According to the order, seven culture figures have been awarded individual scholarships from the President of Republic of Azerbaijan for their contributions to the development of Azerbaijani culture.

Source: Azerbaijan State News Agency

EBRD plans to increase investments in Azerbaijan – Nataly Mouravidze (Exclusive interview)

BAKU: The European Bank for Reconstruction and Development (EBRD) plans to increase investments in Azerbaijan, Head of EBRD Azerbaijan, Nataly Mouravidze told Trend in an exclusive interview.

”Our current portfolio of projects in Azerbaijan stands at 937 million euros,” noted Mouravidze, emphasizing the importance of the bank’s contribution to the economy of the region.

”Last year alone, we invested 156 million euros in the Azerbaijani economy out of more than 3.6 billion euros invested over the three decades of our activity here,” she added.

The head of the EBRD emphasized that, in addition to these figures, an important aspect is the focus of investments on the development of Azerbaijan’s green economy.

”Whether it be our investments in Green Cities in Ganja, a solar power plant in Garadagh or the largest utility-scale wind power plant being built in the Absheron and Khizi regions,” she said.

Natalia Mouravidze assured that plans to further expand the EBRD’s investment activities in Azerbaijan re
main unchanged, which confirms the strategic partnership between the bank and this country in the field of economic development

”We are committed to supporting Azerbaijan’s economic progress and its green transition. We are excited by our strong prospects of cooperation with Azerbaijan’s public and private sectors to finance several strategically important projects for the country and also to support financial institutions and local businesses,” Mouravidze noted.

The head of the EBRD emphasized that each project is assessed individually in order to ensure a positive impact on the growth and development of the country.

She also mentioned that talks with the private sector are presently taking place on a number of important projects, the specifics of which cannot yet be revealed due to preparations.

Mouravidze stressed that Azerbaijan is taking important steps to develop the Middle Corridor trade route.

”Our economists also see that important steps are being taken to develop the Middle Corridor trade ro
ute and promote renewable energy,” she notes.

According to her, there is growing support for information technology sector development and the digitalization of the economy in Azerbaijan.

”New tax legislation provides incentives for the IT industry, while capital market development is benefiting from a new digital platform that enables online securities issuance by market participants. We believe that further investment in connectivity, improved legislative and regulatory frameworks for renewable energy, and further investments in the non-oil sector will lead to sustainable diversification of the economy and robust growth in the future,” she added.

Talking about the prospects of the country’s economic development, Mouravidze emphasized the need for sustainable investment in various sectors, which contributes to creating a favorable environment for business development and attracting international investors.

Analyzing current trends and prospects, the head of EBRD in Azerbaijan expressed confidence in t
he successful development of the country and support for its economic reforms by international financial institutions.

Responding to a question on the potential expansion of the Southern Gas Corridor (SGC), Mouravidze noted that the EBRD is ready to consider cooperation with Azerbaijan in the expansion of the SGC.

Mouravidze underlined that the EBRD has been a long-standing partner of Azerbaijan for three decades and emphasized the establishment of extremely favorable relations with the country’s Ministry of Energy.

‘The EBRD has previously supported the Southern Gas Corridor by financing Shah Deniz II, TANAP, and TAP. We realize that the potential of the SGC can be expanded, and if a decision is made, we would be happy to consider cooperation with Azerbaijan. However, for the Bank to finance this project, it must be aligned with the objectives of the Paris Agreement and the Bank’s approach to fossil fuels, including reducing the risk of carbon lock-in by creating the future potential for low-carbon gas tr
ansportation,’ she concluded.

To note, the EBRD’s loan portfolio in Azerbaijan as of February 29, 2024, was estimated at 937 million euros. The loan portfolio is designed for the implementation of 32 projects.

The majority of the portfolio (90 percent, or 848 million euros) is aimed at investments in sustainable infrastructure, seven percent (64 million euros) at investments in the industry, trade, and agricultural sectors, and three percent (26 million euros) at investments in financial institutions.

Source: Trend News Agency

Airplane en route Copenhagen-Tokyo made emergency landing in Baku

A captain of an airplane of Scandinavian Airlines en route Copenhagen-Tokyo has sent an emergency landing request to Heydar Aliyev International Airport, APA reports citing press service of the airport.

Reason of it deterioration of health of one of the passengers.

Airbus A350 aircraft successfully landed in Baku at 8:56 p.m.

Source: Azeri-Press News Agency

I’m gearing up for World Challenge Cup Series in Bulgaria, Slovenia – Azerbaijani athlete

BAKU: I’m currently gearing up for the World Challenge Cup Series scheduled to take place in Bulgaria and Slovenia, Member of the Azerbaijani national team on women’s artistic gymnastics and participant of the ongoing 8th Open Baku Championships in Women’s Artistic Gymnastics Nazanin Teymurova told Trend.

‘I consider my performance in competitions this season fairly satisfactory, but there’s always room for improvement. At the World Cup in Doha, Qatar, I made it to two finals. In a week and a half, I’ll be competing in Varna, Bulgaria, followed by Koper, Slovenia, where the World Challenge Cup Series will take place. I’m diligently preparing for these events, and participating in the Open Baku Championships in Women’s Artistic Gymnastics serves as a valuable training opportunity for me,’ Teymurova said.

According to the athlete, she is satisfied with her performance at the Baku Championship.

‘I’m pleased to say that I performed well at these competitions, and I’m very satisfied with my results,’ she added.

To note, the 29th Open Baku Championship among Age Categories in Men’s Artistic Gymnastics and the 8th Open Baku Championship among Age Categories in Women’s Artistic Gymnastics are held at the National Gymnastics Arena in Baku from May 9 through May 10. More than 50 athletes competing in different age categories take part in the competitions.

Source: Trend News Agency

Anatolian Phoenix – 2024′ exercise is ongoing -VIDEO

‘Anatolian Phoenix – 2024’ International Search and Rescue Exercise is ongoing in Konya, Trkiye, Ministry of Defense told APA.

The next day of the exercise provided the participants with a briefing about safety rules, the tasks to be accomplished and their execution sequence, the relief, structure and climate of the area where the search and rescue operation will be carried out.

According to the plan of the exercise, an imaginary enemy object was evaluated by conducting a visual review of the area, then its convoy was ambushed and members of the terrorist group were captured.

The main purpose of the exercise, attended by a group of military personnel and aviation vehicles of the Azerbaijan Army, is to improve the knowledge and capabilities of the servicemen, as well as to ensure interoperability and exchange of experience between the military personnel of the participating countries.

Source: Azeri-Press News Agency

Fragments of human bones found in Azerbaijan’s Malibeyli village

BAKU: Fragments of human bones have been found in Azerbaijan’s Khojaly district, Trend reports via the press service of the Prosecutor General’s Office.

The Khojaly district prosecutor’s office is investigating the discovery of bone fragments, supposedly human, found during construction and drilling activities conducted on May 8 in the liberated Malibayli village of Khojaly district.

Moreover, the Tartar district prosecutor’s office is investigating the discovery of bone fragments, potentially human, on May 5 during excavation work for new construction in the liberated Sugovushan village, Aghdara district. Additionally, the Gubadli district prosecutor’s office is probing the discovery of a skull, likely human, on May 5 during demining operations in the liberated Khanlig village of Gubadli district.

To note, as of April 27, 2024, a minimum of 600 human remains have been found, with 124 discovered in 2022, 133 in 2023, and 48 in 2024.

Additionally, during previous excavations, the remains of 21 individuals
were found in a mass grave in Khojaly city, and subsequently, eight more in Malibayli village in Khojaly district. Presently, nine individuals have been identified among the 29 remains found in Khojaly.

Source: Trend News Agency