Azerbaijan: Renewable Energy 

 

We are pleased to announce that Legal 500 has published the Azerbaijan Renewable Energy Guide, authored by Caspian Legal Center, as the Exclusive Country Contributor for Azerbaijan. This country-specific Q&A provides an overview of Renewable Energy laws and regulations applicable in Azerbaijan. 

 

In the Azerbaijan Renewable Energy Guide, we conclude that: 

 

"The outlook for Azerbaijan’s renewable energy sector in the coming years is increasingly optimistic. With aforementioned large-scale projects underway the country is transitioning from early-stage development into large-scale implementation. The government’s aim to achieve 30% of installed energy capacity from renewables by 2030 is driving legislative reforms, investment attraction, and international cooperation.

Azerbaijan’s active role in transnational energy corridors, such as the Caspian-Black Sea Green Energy Corridor and the Black Sea cable initiative, indicates that it also seeks to position itself as a regional hub for green electricity exports. Additionally, the planned renewable energy auctions supported by the European Bank for Reconstruction and Development (EBRD) are expected to further streamline project allocation and increase competition. If these initiatives continue on schedule and regulatory frameworks are consistently enforced, Azerbaijan’s renewable energy capacity is likely to grow substantially by the end of the decade, reaching the planned thresholds." 

 

Special thanks to our Partner Orkhan Beydiyev and Legal Manager Pari Gasimli or their high level of professionalism and valuable contributions!