Azerbaijan's Green Energy Expansion: Solar, Wind, and Plans to Export to Europe
jamestown.substack.comAzerbaijan connected the 100 MW Gobustan solar plant to its grid in September, pushing total renewable capacity to 2,170 MW. The plant is part of a larger push to free up natural gas for export while meeting domestic demand. Projects from Masdar, ACWA Power, and Chinese firms dominate the build-out, with a target of 30% renewables by 2030. The country is also working on export corridors, including a Black Sea submarine cable to Romania and Hungary. These projects aim to turn Azerbaijan into a green electricity supplier to Europe, similar to its gas role. However, Western companies have mostly stayed on the sidelines, which could affect governance and standards. The article provides a clear overview of Azerbaijan's strategy and the key players involved. It highlights both the progress and the challenges, such as transmission buildout and financing. For those tracking carbon markets or renewable deployment in the Caspian region, this is a useful read.
