renewable energy

PASHA Bank Allocates 36.8 Million Manats to Green Loans

PASHA Bank's green loan portfolio has reached 36.8 million manats. The bank served as the main financial partner for the Shams-1 solar project in Nakhchivan.

ADB to Provide $50 Million for Green Projects in Turkey via Yapı Kredi Leasing

The Asian Development Bank has signed an agreement with Yapı Kredi Leasing to finance renewable energy and sustainable development projects in Turkey.

SOCAR cuts CO2 emissions by 1 million tons, issues $200 million green bonds

In 2025, SOCAR reduced greenhouse gas emissions by 1 million tons of CO2 equivalent and issued $200 million in green bonds for renewable energy projects.