Uzbek president approves green energy deal with Azerbaijan, Kazakhstan

President of Uzbekistan Shavkat Mirziyoyev has approved the strategic partnership agreement on production and transfer of green energy with Azerbaijan and Kazakhstan.

Uzbek Ministry of Justice announced the approval of the agreement, marking a significant step in regional cooperation on sustainable energy, Caliber.Az reports citing Uzbek media.

Under the terms of the agreement, the three countries will work together to develop and transfer green energy, with a focus on facilitating the transmission of this energy across the Caspian Sea.

In addition to the Caspian Sea transmission project, the agreement outlines the connection to an energy cable linking the Black Sea region, enhancing energy flow between the participating countries. The Ministry of Energy of Uzbekistan has been designated as the responsible body for overseeing the implementation of the agreement.

The agreement was originally signed on November 13, 2024, in Baku, Azerbaijan, and represents a major milestone in the collaboration between Uzbekistan, Azerbaijan, and Kazakhstan in advancing green energy initiatives. The strategic partnership aims to strengthen energy security, foster sustainable development, and promote the use of renewable energy sources across the region.

The green energy project involving Uzbekistan, Kazakhstan, and Azerbaijan is poised to generate tens of thousands of jobs, enhance energy infrastructure, and foster stronger technological and business ties between the three countries. Additionally, it is expected to improve living standards across the region.

The heads of state from the three nations have underscored the urgency of accelerating the project's implementation. Key priorities include the establishment of a joint venture, the development and approval of technical documentation, and the completion of necessary procedures to ensure smooth progress.

In November 2023, officials from the Ministries of Energy of Uzbekistan, Kazakhstan, and Azerbaijan held discussions on a groundbreaking project aimed at supplying green electricity through their territories to consumers in third-party countries, particularly in the European Union.

One of the key elements of this project is the construction of a deep-water cable under the Caspian Sea. This will enable the transmission of renewable energy from the region to Europe. The three countries are currently working on developing a viable business model for exporting green energy to the EU.

In August 2024, the nations agreed to form a joint venture, with its office based in Baku, to oversee the export of green energy to Europe.

By Vafa Guliyeva