Azerbaijan Expresses Readiness to Partner on Global Wind Energy Exports
Azerbaijan is actively seeking partnerships to expand its wind energy exports to international markets, as stated by Energy Minister Parviz Shahbazov during the Ministerial and Investor Plenary Session titled 'Accelerating Wind Energy Investments: From COP31 Commitments to Partnerships.' The session, organized by the Turkish Wind Energy Association (TÜREB) and the Global Wind Energy Council (GWEC) with support from Türkiye’s Ministry of Energy and Natural Resources, was part of COP31. Minister Shahbazov emphasized the critical role of wind energy in meeting increasing electricity demand, ensuring reliable and affordable power, and reducing emissions. He highlighted the necessity of long-term power purchase agreements and a favorable investment climate to attract capital to this sector. Currently, wind energy accounts for 14.3% of Azerbaijan's total installed renewable energy capacity. The minister noted that onshore and offshore wind power plants are projected to significantly boost the share of renewable ...
