- President Ilham Aliyev stated that renewables are driving Azerbaijan’s growth, with capacity expected to reach 6,000 MW by 2030.
- Global firms such as Masdar, ACWA Power, and bp are investing as the country aims to achieve a 30% share of renewable energy by 2030.
President Ilham Aliyev has declared renewable energy a driving force in Azerbaijan’s next phase of development, as the country accelerates major solar, wind, and hydro projects nationwide.
Over the past five years, Azerbaijan has built more than 30 hydroelectric power stations across Garabagh and East Zangezur, delivering over 300 megawatts of capacity. New solar installations are rising fast, including two facilities in Jabrayil and a 240 MW plant nearby.
Aliyev stated that the government aims to increase total renewable generation to 6,000 megawatts by 2030, meeting 30 per cent of the country’s electricity needs from clean sources and establishing renewables as a key industrial sector.
Global energy players, including Masdar, ACWA Power, bp, TotalEnergies, and Nobel Energy, have signed agreements to boost investment in the sector. In 2024, Masdar and the Asian Development Bank sealed $160 million in financing for solar plants in Bilasuvar and Neftchala.
Masdar’s 230 MW Garadagh Solar Power Plant, launched in 2023, now stands as the largest in the Caspian region, while ACWA Power prepares to commission the 240 MW Khizi Absheron Wind Plant by late 2025. Together, these projects strengthen Azerbaijan’s path toward 10 GW of clean energy capacity and a future built on sustainability.