Azerbaijan is stepping up its renewable energy ambitions with plans to develop eight new solar and wind plants by 2027, backed by $2.8 billion in investment and aimed at exceeding its 2030 climate targets ahead of schedule.
Azerbaijan is rapidly expanding its renewable energy sector as part of a national strategy to boost green electricity production, enhance energy security and reduce emissions in line with its Paris Agreement commitments. The government aims to generate at least 30% of its electricity from renewable sources by 2030, but new projections suggest the country could reach 33% by 2027.
Between January and November 2024, Azerbaijan’s green electricity output rose by 80% year-on-year, according to government figures. Eight new utility-scale wind and solar power plants, with a combined capacity of 2 GW, are expected to be completed by 2027. These facilities are projected to produce 5.3 billion kilowatt-hours of electricity annually, save 1.2 billion cubic metres of natural gas, and cut greenhouse gas emissions by up to 2.5 million tonnes.
Much of the investment is coming from international partners. In October 2023, the Qaradag Solar Power Plant — a 230 MW project developed by UAE-based Masdar — became the first major renewable facility in Azerbaijan built via a public–private partnership. The plant is expected to generate 500 million kWh annually, save 110 million cubic metres of gas, and reduce carbon emissions by 200,000 tonnes.
Meanwhile, a 240 MW wind power plant under construction in the Khizi–Absheron region by Saudi Arabia’s ACWA Power is due to become operational in 2025. The plant is forecast to produce 1 billion kWh of electricity per year and cut carbon emissions by 400,000 tonnes.
In partnership with BP and Masdar, Azerbaijan is also building the Shafag–Jabrayil Solar Power Plant in Jabrayil. The 240 MW plant is expected to supply 500 million kWh annually and reduce emissions by up to 330,000 tonnes.
These projects are part of a wider plan to transform Azerbaijan’s liberated territories, such as Karabakh and Eastern Zangezur, into “Green Energy Zones.” A 2021 presidential decree established the zones to promote sustainable reconstruction and position the country as a regional clean energy hub.
On the international front, Azerbaijan says it's leading efforts to export green electricity to Europe. The “Green Energy Corridor” — a 1,000+ km undersea cable project across the Black Sea — will link Azerbaijan’s power grid to Georgia, Romania and Hungary. The joint venture overseeing the corridor was established in 2024, with the European Commission pledging €2.3 billion (about $2.5 billion) in funding.
Officials say the corridor could significantly bolster the European Union’s energy diversification efforts while helping Azerbaijan achieve its 2030 renewable energy targets ahead of schedule.
The legal framework underpinning these developments includes the 2021 Law on the Use of Renewable Energy Sources and strategic documents such as the “Azerbaijan 2030” policy and the 2022–2026 Socio-Economic Development Strategy.
By attracting major foreign investors and implementing advanced Independent Power Producer models, Azerbaijan is positioning itself as a reliable partner and an emerging leader in renewable energy across the South Caucasus.
Elon Musk was not on the ballot in Tuesday’s U.S. midterm elections, but he emerged as one of the biggest losers after Democrats swept to vic...
Uzbekistan has launched 145 investment projects worth $7.8 billion in its Bukhara region, aiming to create more than 14,000 jobs, boost industrial ...
Kazakhstan plans to manufacture 494 types of medicines through eight major investment projects worth a combined $862 million, Health Minister Akmar...
Democrat wins surged on Tuesday across the United States with stunning victories in the South Carolina, Texas and Ohio senate races -- traditionally Republican strongholds -- in the 3 November midterm elections.
From international reporting and investigative documentaries to global forums and digital innovation, AnewZ marks two years of connecting Azerbaijan and the wider world.
Democrats captured majorities in both chambers of Congress on Tuesday, scoring sweeping victories that reached into Republican strongholds, with millions of voters delivering a strong rebuke to President Donald Trump.
U.S. President Donald Trump says Washington will end its annual financial and military aid to Israel by the end of 2026, under an agreement he claims to have reached with Israeli Prime Minister Benjamin Netanyahu.
Iranian parliament speaker Mohammad Bagher Ghalibaf says the U.S. must act to prevent war after Tehran sent a “strong and rational response” to Washington. Meanwhile, U.S. forces have reportedly carried out limited strikes against Iranian targets, including Qeshm Island,
Cyclone Murasu struck India's eastern coast on Tuesday, bringing powerful winds and forcing thousands to evacuate, just a week after another deadly storm battered the region, the country's weather department said.
The world's richest 0.1 per cent, just eight million people, produce more carbon emissions through their consumption than the poorest 3.5 billion people combined, according to an Oxfam report released on 27 October 2026.
Azerbaijan is seeking international investment in a 3,000-kilometre green energy corridor to Europe, with banks, investors and energy companies gathering in Baku on Thursday to discuss financing for the ambitious project.
A female dusky shark trapped in a canal in Busan, South Korea, for more than a month has finally returned to the open sea after a successful rescue operation on Wednesday (21 October), following two failed attempts.
The world is on course for dangerous levels of global warming despite international climate pledges, with greenhouse gas emissions hitting record highs and the Paris Agreement’s 1.5°C target increasingly out of reach, according to a UN assessment.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment