What projects are underway in Azerbaijan?

Currently, large-scale projects related to the production and export of renewable energy are underway in Azerbaijan, with the creation of transmission lines from wind power plants, as well as a project to form a green energy corridor connecting the Caspian Sea with Europe via the Black Sea submarine cable.

Will environmental sustainability lead the way in Azerbaijan's development strategy?

Environmental sustainability will lead the way in Azerbaijan’s development strategy, according to the minister of economy Mikayil Jabbarov. Speaking at COP28 in Dubai earlier this month, Jabbarov stressed the global challenges posed by climate change and reiterated his country’s commitment to the green transition.

How will Azerbaijan's energy transition affect Europe?

As noted above, Azerbaijan’s energy transition, particularly with support from the United States, can significantly contribute to guaranteeing a dependable energy supply to Europe, and neighboring Central Asia as well, while reducing the influence of Russia and Iran in Southeastern Europe, the South Caucasus, and Central Asia.

How is Azerbaijan working towards the 2030 Agenda?

Since the adoption of global initiatives, Azerbaijan has demonstrated huge improvement in working towards the 2030 Agenda. By 2026, renewable energy sources will constitute 24 per cent of the installed capacity for electricity generation in Azerbaijan, with a more ambitious target of 30 per cent by 2030.

What does Biden say about Azerbaijan?

In his statement, President Biden recognized Azerbaijan’s vital role in advancing international energy projects, especially in the shift to green energy. He underlined how crucial cooperation is between the US and Azerbaijan in promoting sustainable practices and energy security.

Will Azerbaijan host cop29?

By the end of 2024, the plants are expected to generate 270 megawatts of electricity, with overall capacity expected to surge to 500 megawatts in coming years with the addition of hydropower plants. Azerbaijan’s bid to host COP29 was made possible after Armenia withdrew its own bid, in a significant easing of geopolitical tensions.