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Minister of Energy of the Republic of Azerbaijan
8 stories about Parviz Shahbazov, newest first. This page updates by itself with every new story.
Azerbaijan and China have discussed participation opportunities in a 100 MW solar project and a 200 MW offshore wind project within the Green Energy Corridor. Report.az reports that Energy Minister Parviz Shahbazov made the announcement in a post on his account on the social network X.
Azerbaijan and the UK-based company Xlinks discussed the company's possible participation in developing the Caspian-Black Sea-Europe Green Energy Corridor. The exchange covered the project's technical and commercial solutions, financing and governance model. Report, citing the Energy Ministry, says the talks took place.
Baku hosted the forum "Green Energy Corridor: From Techno-Economic Justification to Implementation," dedicated to investment and partnership opportunities for the Caspian-Black Sea-Europe Green Energy Corridor. According to the Ministry of Energy, the forum aims to accelerate the project's transition from technical-economic justification to investment and practical implementation, and to discuss its business model, financing structure and commercial prospects with potential partners. Representatives of state bodies, the European Union, international financial institutions, energy companies and equipment suppliers are taking part, including the World Bank, EIB, EBRD and ADB.
Azerbaijan’s Energy Minister Parviz Shahbazov said regional electricity interconnections are becoming increasingly important, linking countries with surplus power to high-demand markets, strengthening energy security and helping balance the variable output of solar and wind power. In an article published in the Azerbaijan newspaper, he described the 21st century as the “century of connectivity.”
Azerbaijan's investment in renewable energy projects and power grid development is expected to total around $2.6 billion by 2027, including $600 million to strengthen grid infrastructure. Energy Minister Parviz Shahbazov said this in an article published in the Azerbaijan newspaper, as quoted by Report.az.
Azerbaijan is moving into a new stage of energy development, combining its established role as an oil and natural gas supplier with an ambitious renewable energy programme. The country plans to complete 11 power plants with about 2 gigawatts (GW) of combined capacity by the end of 2027, supported by an estimated $2.6 billion in investment.
Azerbaijan expects to complete the commissioning of 11 solar and wind power plants with a combined capacity of about 2 gigawatts by the end of 2027, as the first phase of renewable energy development. Energy Minister Parviz Shahbazov said this on Wednesday at the third National Competition Forum organized by the State Agency for Antimonopoly and Consumer Market Control. The report is datelined Baku, October 14.
Azerbaijan expects to commission 15 power plants with a combined capacity of about 2 gigawatts by the end of 2027 as part of the first phase of renewable energy development, Energy Minister Parviz Shahbazov said on Wednesday at the third National Competition Forum.
Turkey's rate cut, Azerbaijan's net-zero strategy, Armenia-Azerbaijan peace treaty timing and Kashagan arbitration ruling in today's Turkic news.
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