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Thursday, October 8, 2026
Azerbaijan’s 3 GW solar plan brings manufacturing into its green energy push

Azerbaijan’s 3 GW solar plan brings manufacturing into its green energy push

The solar panel manufacturing project launched in Alat, Azerbaijan, is bringing a new dimension to the country’s energy transformation. The construction of three production facilities across a 23-hectare area is creating new manufacturing opportunities for Azerbaijan’s green energy industry. In the initial phase, the project is planned to have an annual solar panel production capacity of 3 GW, or 3,000 MW. This capacity creates significant industrial potential for Azerbaijan to develop into a regional production and export hub for solar energy technologies.

EIA sees global oil production rebounding sharply in 2027

EIA sees global oil production rebounding sharply in 2027

Global crude oil production is expected to fall significantly in 2026 before staging a strong recovery next year, according to the latest forecasts from the US Energy Information Administration (EIA).

Azerbaijan’s state budget receives AZN 13.63 billion in taxes in first nine months of 2026

Azerbaijan’s state budget receives AZN 13.63 billion in taxes in first nine months of 2026

Azerbaijan’s state budget received AZN 13.63 billion in tax revenues through the State Tax Service under the Ministry of Economy in January-September 2026, exceeding the forecast by AZN 913.4 million. According to the State Tax Service, tax revenues increased by...

President: Armenia should create conditions for opening relevant archives and collecting witness statements

President: Armenia should create conditions for opening relevant archives and collecting witness statements

“Armenia must provide all information regarding the fate of missing Azerbaijanis, as well as mass graves and individual burial sites, and create conditions for opening relevant archives and collecting witness statements,” President of Azerbaijan Ilham Aliyev said in his address to the participants of the 4th International Conference in the Baku Dialogue format on “Strengthening Trust and Developing Effective Mechanisms for Addressing the Issue of Missing Persons.”

Nvidia may have planned $1B investment in Figure

Nvidia may have planned $1B investment in Figure

Nvidia Corp. considered investing $1 billion in robotics company Figure AI Inc., the Information reported on Wednesday. The tech giant took part in Figure's funding round a year ago, in which Figure raised over $1 billion.

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