Azerbaijan has traditionally been associated with oil and gas production, but there has been a growing interest in green energy in recent years. Azerbaijan has significant potential for renewable energy production, particularly in solar, wind, and hydroelectric power. The country’s location provides ample sunlight and wind resources, while its mountainous terrain offers opportunities for hydroelectric development.
The Azerbaijani government has expressed its commitment to developing renewable energy sources as part of its broader strategy to diversify the country’s energy mix and reduce dependence on fossil fuels. This commitment is reflected in various policy measures and incentives aimed at promoting investment in renewable energy projects.
The technical potential of the country’s onshore renewable energy sources is 135 GW and offshore – 157 GW. The economic potential of renewable energy sources is…
