Azerbaijan looks to expand renewable energy initiatives with Southern Gas Corridor experience

The application of the Southern Gas Corridor (SGC) experience in renewable energy projects will lead to tangible and impactful results, according to Afghan Isayev, the General Director of the Southern Gas Corridor CJSC and Vice President of the State Oil Company of Azerbaijan (SOCAR).

Isayev shared this insight during the ministerial meetings held within the framework of the Southern Gas Corridor and Green Energy Advisory Councils in Baku, Caliber.Az reports via domestic media.

In his statement, Isayev emphasized the importance of continuing the development of energy interconnections and the creation of “green” energy corridors, which are essential for sustainable regional development.

“Azerbaijan has long been a proponent of developing energy interconnections, having implemented strategic international projects like the Southern Gas Corridor. Our country has consistently demonstrated that it is a reliable partner in the creation and management of large-scale energy initiatives with high levels of efficiency. The success of the Southern Gas Corridor can serve as a valuable guide for advancing 'green' energy interconnectivity—this can be achieved through the use of intergovernmental agreements, post-governmental cooperation, and the attraction of significant joint financing, including through the participation of international and regional financial institutions,” he explained.

He further underlined that Azerbaijan had made excellent progress with the Southern Gas Corridor and expressed optimism about replicating this success in the domain of “green” energy interconnections.

“We firmly believe that leveraging the Southern Gas Corridor experience in the execution of renewable energy projects will yield tangible, positive outcomes. Creating a special consortium based on the SGC cooperation model will be a crucial step toward ensuring global political support and securing financing from major international financial institutions. This consortium will not only help exchange best practices but will also support transnational initiatives in renewable energy and the development of cross-border trade in clean energy. By acting together and drawing on our accumulated experience, we can ensure that energy interconnection projects are not only ambitious but also achievable in the near future,” Isayev concluded.

By Tamilla Hasanova