Azerbaijan is setting ambitious goals for its energy sector, targeting a 38% share of renewable energy in its total installed capacity by 2030, with plans to increase that figure to approximately 43% by 2035. This initiative focuses on the development of wind and solar power plants across the country.
The announcement was made by Azerbaijan’s Minister of Energy, Parviz Shahbazov, during the Shanghai Cooperation Organization Energy Ministers meeting in Ningbo, China. Shahbazov emphasized that these plans are part of Azerbaijan’s broader strategy to diversify its energy sources and reduce reliance on fossil fuels.
To achieve these targets, Azerbaijan will invest in both wind and solar energy infrastructures. The government has identified several regions suitable for wind farm installations, particularly along its coastline where wind speeds are favorable. Additionally, solar power plants are being planned for areas with high solar irradiance, which can maximize energy production.
By increasing the renewable energy share, Azerbaijan aims to bolster its energy security and support global efforts to combat climate change. The transition to renewable energy not only aligns with international environmental agreements but also presents opportunities for economic growth through job creation in the green energy sector.
The strategy reflects a growing trend among countries to invest in sustainable energy solutions. As part of its commitment, Azerbaijan is also exploring partnerships with international companies and organizations to facilitate technology transfer and expertise in renewable energy development.
Overall, Azerbaijan’s energy policy aims to position the country as a regional leader in renewable energy production by 2035, enhancing its energy independence and contributing to a cleaner environment.