Azerbaijan, Kazakhstan, Uzbekistan join forces to launch Green Energy Corridor project PHOTO

Azerbaijani Energy Minister Parviz Shahbazov has said that the Establishment Agreement of the Joint Venture Green Corridor Alliance was signed between the national electricity companies of Azerbaijan, Kazakhstan, and Uzbekistan.

“The Joint Venture, which will be headquartered in Baku, marks a significant step in the implementation of the ‘Azerbaijan - Central Asia Green Energy Corridor’ project and in shaping the region's energy future,” Caliber.Az reports, citing the minister’s message on X.

Today, the Establishment Agreement of the Joint Venture Green Corridor Alliance was signed between the national electricity companies of #Azerbaijan, #Kazakhstan, and #Uzbekistan. The Joint Venture, which will be headquartered in Baku, marks a significant step in the… pic.twitter.com/DXa8vJED0f

— Parviz Shahbazov (@ParvizShahbazov) December 27, 2024

Earlier, Shahbazov said that Azerbaijan and Türkiye are conducting feasibility studies on a possible renewable energy corridor spanning both countries. 

Both countries are looking at developing cooperation in many areas, including renewable energy and energy efficiency, Shahbazov said. 

"With the project, we ultimately want to build an energy corridor from the Caspian Sea to Türkiye, including the Zangezur Corridor," the Azerbaijani minister said. 

Wind and solar energy will be the main focus in the renewable energy corridor, Shahbazov said, adding that they also want to incorporate hydrogen into the project. Azerbaijan also plans to build a 1 gigawatt renewable energy-based production facility in Nakhchivan and bring it to the Turkish market. 

Both countries also have cooperation in the field of oil and gas, Shahbazov said.

Emphasising that the energy sector is an important area of cooperation for Azerbaijan and Türkiye, Shahbazov added that the two countries contribute to the energy security of the region and Europe.

By Naila Huseynova