China is set to solidify its dominance in the global renewable energy sector, with projections showing it will account for more than half of the world’s solar power capacity by 2025.

Azerbaijan’s Ministry of Energy, in collaboration with the International Renewable Energy Agency (IRENA), has launched the Accelerated Partnership for Renewable Energy in Central Asia (APRECA) initiative.

Azerbaijan’s Minister of Energy Parviz Shahbazov emphasized the urgent need for substantial investments to meet global renewable energy and energy efficiency targets.

The upcoming 29th UN Climate Change Conference (COP29) in Azerbaijan will be pivotal for reinforcing global commitments to combat climate change, said Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA).

The International Renewable Energy Agency (IRENA), COP29 Presidency and Azerbaijan’s Ministry of Energy have announced that the first Energy Transition Investment Forum for Central Asia will be hosted in on the sidelines of the COP29 climate conference in Baku on November 15-16.

Azerbaijan is successfully implementing the process of transition to green energy, Director General of the International Renewable Energy Agency (IRENA) Francesco La Camera said on Wednesday.