Azerbaijan to add 2 GW of renewable energy capacity by 2027-2028, deputy minister says
Azerbaijan plans to add 2 gigawatts of renewable electricity generation capacity in 2027-2028, Deputy Energy Minister Elnur Soltanov said on Wednesday at the 9th Sustainable Development Goals (SDG) Dialogue in Baku. The country aims to raise the share of renewables in total installed electricity capacity to 34% by 2030. That share currently stands at about 21.5%.
Soltanov said the new capacity would attract investment of about $2 billion. Masdar of the United Arab Emirates is one of Azerbaijan's main strategic partners in the sector and plans to build more than 1 gigawatt of renewable capacity in the country by 2028.
Soltanov also stressed that grid modernization and strengthening are essential, as the current electricity network cannot accept renewable energy in the required volumes and with the necessary flexibility. Because solar and wind output depends on weather conditions, he said battery storage and grid balancing must expand alongside new generation. The dialogue is organised by the Ministry of Economy, the National Coordination Council for Sustainable Development and the United Nations.
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