July 26, 2024

Axpo approves construction of wind farm in Finland

BAKU: Swiss energy supplier Axpo has made the final investment decision to commence construction of the Lålax wind farm in Finland’s Vörå municipality, Trend reports via the company.

Axpo, which acquired the project rights in October 2023, has now ap…

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Georgia plans to build new radar station

BAKU: The Georgian Sakaeronavigatsiya company has announced a tender for the construction of a new radar station, which will be located in Kakheti, near the village of Ninotsminda, Trend reports.

According to the information, the cost of the project,…

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ADB supports record-breaking green bond in Georgia

BAKU: The Asian Development Bank (ADB) has invested $40 million in a bond issuance by Georgia Global Utilities JSC (GGU), Trend reports via the ADB.

This certified green bond, the largest ever issued by a private corporate entity in Georgia, aims to …

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Azerbaijani oil drops in price

BAKU: The cost of Azerbaijani Azeri Light crude oil has decreased by $0.41 to $85.34 per barrel based on CIF in the Italian port of Augusta on July 25, compared to the previous reading, Trend reports, referring to the source from the country’s oil and…

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