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Source: Trend
Key Highlights of the Event
Representatives from the ministry, Azerenergy OJSC, and Masdar (UAE) gathered to celebrate this achievement. The event underscored that the Garadagh SPP, which was commissioned in 2023, marks Azerbaijan’s first large-scale international investment project in renewable energy and plays a crucial role in the country’s shift toward green energy.
In its two years of operation, the plant has achieved remarkable statistics:
The ceremony also featured a symbolic signing of a certificate. This document was signed by Javid Abdullayev, Director of the State Agency for Renewable Energy under the Ministry of Energy, and Rustam Gasimov, Deputy Chairman of the Board of Azerenergy OJSC. The certificate was presented to Abdulaziz Alobaidli, Chief Operating Officer of Masdar.
It is noteworthy that the SPP produces approximately 500 million kilowatt-hours of electricity each year, supplying green energy to around 110,000 households.
For the first time, the Downstream Central Asia and Caspian Summit will be co-located with the inaugural Go Net Zero Energy Summit on 8 September at the same venue, bringing together downstream stakeholders from across the Caspian and Central Asia regions under one roof. This unique convergence creates a full week of strategic dialogue and delivers unparalleled opportunities for cross-sector collaboration, knowledge sharing, and the formation of strategic partnerships across the entire energy value chain.
Azerbaijan's Contribution of Renewable Energy to Total Electricity Production More Than Doubled
As climate change accelerates and global pressure for decarbonization increases, Azerbaijan’s energy leader, SOCAR, is taking significant measures to reduce its greenhouse gas emissions and align with the national sustainability agenda.