A new clean energy initiative aimed at developing hydrogen technology has been officially launched in Uzbekistan, marking another step in the country’s transition toward renewable energy.

Adani Green Energy shares rallied 4% to an intraday high of ₹1,041.80 apiece as the firm reported a strong September quarter performance.

Azerbaijan and the Asian Development Bank (ADB) have discussed enhancing cooperation in key areas including economic diversification, private sector development, and green growth.

The Green Growth Portal is poised to assist countries and investors in enhancing their green transition strategies, Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Wednesday.

Azerbaijan’s Economy Ministry, in collaboration with the Growth Lab at Harvard University, launched the Green Growth Portal at an event during COP29, aimed at fostering global cooperation for sustainable development.

Azerbaijan's non-oil and gas sector has achieved significant growth of 7% in the first eight months of 2024, according to the country’s Economy Minister Mikayil Jabbarov.