Minister: North Macedonia interested in developing joint renewable energy projects with Azerbaijan

The potential for bilateral cooperation between Azerbaijan and North Macedonia is significant, particularly in the development of joint renewable energy projects, knowledge and expertise transfer, and the creation of a favorable regulatory and investment climate, with the aim of exchanging experiences, technologies, and investments in the green transition, Sanja Bozinovska, Minister of Energy, Mining and Mineral Resources of North Macedonia said in an exclusive interview with Report.

"The potential for cooperation is substantial, especially in solar and wind. Our country recognizes the value of Azerbaijan's experience in integrating renewable energy sources into the national energy system and is open to cooperation that would contribute to strengthening its own capacities in this strategic area. In the context of global energy challenges and decarbonization commitments, the country is actively working on transforming its energy sector by increasing the share of green energy, improving energy efficiency, and encouraging technological innovation," the minister noted.

Touching on North Macedonia's interest in the Black Sea Energy underwater energy cable project, the minister emphasized that this project is of great strategic importance as it strengthens the connection between Europe and the Caucasus.

"The project is highly strategic as it strengthens Europe–Caucasus connectivity. North Macedonia is not a direct participant due to distance constraints, but follows the initiative with great interest," she said.

According to official data, the installed capacity of power plants utilizing renewable energy sources by technology, as of 2024, is as follows:

Photovoltaic power plants with an installed capacity of 848 MW, wind power plants with 82 MW, hydropower plants with 720 MW, biogas power plants with 12 MW and biomass power plants with 1 MW.

"In recent years, interest in installing renewable energy capacities has increased significantly. This trend has led to a notable shift in the structure of domestic electricity production. Over the past four years, a total of 1,201 new power plants have been constructed, including 345 new photovoltaic plants built in 2024 alone," Bozinovska mentioned.