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BYD and UzAuto to form NEV production JV in Uzbekistan

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As of November 2022, BYD has sold more than 3 million NEVs to global customers. The company cooperates with global OEMs such as General Motors, Sinotruck, MAN, and Isuzu. UzAuto continues expanding export opportunities to neighboring countries and has launched overseas production in Azerbaijan.

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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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SpaceX’s Elon Musk wins IAF World Space Award at 74th Int’l Astronautical Congress

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The award was given during the 74th International Astronautical Congress (IAC) in Baku, Azerbaijan. “Scientific opportunities and data from Webb are available globally, with several papers being submitted daily for scientific peer review and publication.

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GECF: more than a quarter of 2050 natural gas supply untapped

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According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%.

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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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The road is part of the Trans-Caspian Sea Transit Corridor Baku–Astrakhan–Atyrau–Aktobe–Aktau–Turkmen border, which connects Kazakhstan with Azerbaijan and Europe in the West, with the Russian Federation in the North, and with Turkmenistan in the South.

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airBaltic will equip its fleet with Starlink

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Starlink is providing its high-speed, low-latency broadband internet service in over 40 countries and now has over one million subscribers globally. In recent news, Starlink opened offices in Azerbaijan with plans to begin services sometime this year.

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BP and Maersk collaborating to develop next-generation offshore drilling rigs for Project 20K

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BP estimates it could potentially access an additional 10-20 billion barrels of resources across its global portfolio over the next two decades with the application of Project 20K technology. BP also sees potential applications for the technology in Egypt, Azerbaijan and other deepwater basins around the world.