Azerbaijan’s green energy ambitions signal strategic shift beyond hydrocarbons
Azerbaijan is rapidly transitioning from its traditional reliance on hydrocarbon resources toward becoming a regional leader in green energy. This shift is not only a response to global climate imperatives but also a strategic move to diversify its economy and strengthen geopolitical ties. By leveraging its geographical position along the energy corridors stretching from China to Europe, Azerbaijan is expanding cooperation with Gulf countries and forging itself as a favorable destination for renewable energy investment.
The first phase of Azerbaijan’s green energy plan, covering 2027 to 2030, aims to bring ten new solar and wind power plants online. This targeted expansion aligns with the government’s broader economic diversification strategy, reflecting a pragmatic approach to gradually reduce dependence on natural gas and oil exports.
Energy Minister Parviz Shahbazov emphasized during Baku Energy Week that integrating 2,700 MW of renewable capacity will save approximately 1.5 billion cubic meters of natural gas annually. This figure underscores the dual benefit of green energy development: it supports domestic energy security by conserving fossil fuel reserves, while enabling increased export potential of hydrocarbons during the transition........
© AzerNews
