SOCAR Green exploring new renewable energy projects

SOCAR Green, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), is conducting research on various renewable energy projects, according to the company's Director, Elmir Musayev, Report informs.

Speaking on the second day of the Baku Climate Action Week (BCAW2025), Musayev noted that SOCAR Green now has a renewable energy portfolio totaling 1.7 gigawatts in capacity.

He explained that the company's original mandate was to support SOCAR's decarbonization efforts and contribute to Azerbaijan's broader energy transition initiatives:

"We are not limiting our activities to SOCAR's decarbonization alone. We also collaborate with companies operating in other hard-to-abate industrial sectors," he said.

Musayev added that SOCAR Green aims to expand its partnerships beyond Azerbaijan's borders by working with a wide range of companies throughout the country and internationally.