SOCAR Green, Holcim Azerbaijan sign MoU for renewable energy collaboration

SOCAR Green and Holcim Azerbaijan have signed a Memorandum of Understanding (MoU) to advance renewable energy solutions aimed at reducing the environmental impact of industrial operations in Azerbaijan.

This partnership is focused on decarbonising Holcim’s manufacturing processes through the utilisation of renewable energy and innovative sustainable technologies, showcasing both companies’ commitment to promoting sustainable industrial practices and reducing environmental impact, Caliber.Az reports per local media.

The MoU establishes a framework for exploring opportunities in renewable energy use, supporting Holcim’s global commitment to achieve carbon neutrality by 2050.

To reach these ambitious targets, Holcim is implementing advanced measures, including the adoption of alternative fuels, circular economy practices, and innovative carbon reduction technologies.

Khalid Samaka, Chief Executive Officer of Holcim Azerbaijan, remarked: “Partnering with SOCAR Green will help us explore the use of renewable energy options to meet our decarbonisation goals in Azerbaijan. By integrating sustainable energy solutions into our operations, we are taking a significant step in Holcim’s global journey towards carbon neutrality, while also supporting the country’s sustainable development objectives.”

Elmir Musaev, Chief Executive Officer of SOCAR Green, also expressed enthusiasm for the collaboration: “Our Memorandum of Understanding with Holcim Azerbaijan marks an important milestone in advancing green energy solutions in the construction sector. Together, we strive for sustainable development that aligns perfectly with SOCAR Green’s strategic priorities.”

The partnership between Holcim, a global leader in sustainable construction, and SOCAR Green, at the forefront of Azerbaijan’s transition to renewable energy, underscores a shared commitment to reducing the environmental impact of their operations and aligns with Azerbaijan’s vision for a more sustainable, low-carbon future. The joint efforts of both companies are set to bring substantial changes to the industry, fostering a sustainable and resilient future for Azerbaijan and beyond.

Holcim is a world leader in innovative and sustainable building solutions, with net sales of 27.0 billion Swiss francs in 2023. Its 63,448 employees are driven by a mission to advance progress for people and the planet across regions, enhancing quality of life.

Holcim collaborates with its clients to offer a comprehensive range of modern solutions, including sustainable construction materials such as ECOPact and ECOPlanet, circular technology like ECOCycle®, and advanced roofing and insulation systems under the Elevate brand.

Founded in 2024, SOCAR Green is at the forefront of the country’s shift towards renewable energy sources. SOCAR Green undertakes clean energy initiatives, including large-scale solar, wind, and green hydrogen projects.

Through strategic partnerships with international leaders in renewable energy, SOCAR Green supports Azerbaijan’s ambitions to meet national climate targets and contribute to global sustainable development goals.

By Aghakazim Guliyev