At COP29 in Baku, Azerbaijan, the International Renewable Energy Agency (IRENA) and Azerbaijan’s Ministry of Energy launched the Accelerated Partnership for Renewable Energy in Central Asia (APRECA). This initiative aims to strengthen renewable energy deployment and foster green industrialization across Central Asian nations by leveraging regional cooperation, enhancing inter-regional connectivity, and maximizing socioeconomic benefits. Energy ministers from Azerbaijan, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan participated in the two-day forum, discussing strategies to diversify energy sources, support economic growth, and meet climate objectives. Azerbaijan’s Minister of Energy, Parviz Shahbazov, emphasized the importance of collaboration in establishing the Central Asia-Azerbaijan Green Energy Corridor to strengthen energy security and supply.
COP29 sees new renewable energy alliance in Central Asia
The Accelerated Partnership for Renewable Energy in Central Asia (APRECA) was launched to fast-track investments and enhance inter-regional connectivity.
(Image Source: IRENA)
Overcapacity in the solar PV sector has contributed to persistently low panel prices, creating challenges for manufacturers. (Image Credit/Source: Michael Pointner/Pexels)
ESMC expects the European Commission’s general policy objectives to be supported by targeted, quick, and impactful measures for the PV manufacturing sector. (Image Source: ESMC)
Himachal allocates 300 MW for private solar projects in which 62 MW are active. (Image Source:TomFisk/Pexels)
Businesses can now develop rooftop solar under 100 kW without planning requirements, simplifying expansion for small-scale adopters. (Image Source: Vietnam.VN)