Baku:Azerbaijan is gearing up to collaborate with international partners to enhance its wind energy exports, as announced by Energy Minister Parviz Shahbazov during a session at COP31. The session, titled 'Accelerating Wind Energy Investments From COP31 Commitments to Partnerships,' was organized by the Turkish Wind Energy Association and the Global Wind Energy Council.

According to Trend News Agency, Minister Shahbazov highlighted the strategic role of wind energy in ensuring reliable and cost-effective electricity supply while reducing emissions. He stressed the need for long-term power purchase agreements to foster a trustworthy investment environment. Currently, wind energy represents 14.3% of Azerbaijan's renewable energy capacity.

Shahbazov revealed plans to boost the share of renewable energy to 43% by 2035 with onshore and offshore wind power projects. The Azerbaijani sector of the Caspian Sea, which boasts a wind energy potential of 157 GW, has identified sites for offshore projects. Legal frameworks are in place, and over 4 GW of capacity is being planned.

Wind energy is set to power several green energy corridors, linking the Caspian Sea to Europe through various routes. The Trans-Caspian corridor will also channel wind energy from Kazakhstan and Uzbekistan via Azerbaijan to broader markets. Shahbazov invited international entities to join these efforts.

During the event, Minister Shahbazov received a certificate for planting a tree sapling as part of Turkey's "Green Homeland Mobilization" project.