New york: Another panel session was held as part of the Fourth Climate Week (CW4) conference of the United Nations Framework Convention on Climate Change (UNFCCC), APA reports. During the session, views were expressed on developing the green energy industry through innovation, digital technologies, and regional cooperation.
According to Azeri-Press News Agency, Petra Schwager, a senior official and climate technology policy expert at the United Nations Industrial Development Organization (UNIDO), emphasized that Azerbaijan should utilize hydrogen not only for exports but also for industrial development. She highlighted that UNIDO launched a programme on clean hydrogen in industry five years ago, with the aim to encourage countries to explore new opportunities for industrial development through hydrogen use and promote decarbonization of existing industries.
Schwager further noted that public policy, financing, certification, innovation, capacity building, and sustainability are crucial factors for the growth of the hydrogen sector. Aysel Yagubova, Executive Director of the ECO Clean Energy Center (CECECO), shared that over 200 projects had been submitted as part of the Clean Energy Hackathon 2026, which seeks to develop innovative solutions for clean energy and energy transition in the ECO region.
The projects submitted included proposals for platforms, websites, and mobile applications aimed at enhancing energy efficiency and maximizing the use of renewable energy sources, thereby realizing the region's renewable energy potential. Elmir Musayev, CEO of SOCAR Green, stated that SOCAR Green is broadening its cooperation with international partners in the renewable energy sector.
Musayev noted that SOCAR Green is working on joint projects with international companies to swiftly develop know-how and practical experience in renewable energy within the country. The company's strategy includes not only implementing joint projects with international partners but also developing the practical experience of local personnel and technical expertise in Azerbaijan's renewable energy sector.
Nargis Wieck, Executive Director of the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan), remarked that German companies are keen on participating in Azerbaijan's energy transition. She mentioned that German companies are considering both the export of technology and equipment as well as investment opportunities in Azerbaijan's energy transition.
The panel noted that while challenges exist, they could also present new opportunities. There is a need to provide the German business community with more detailed information about the processes in Azerbaijan and the region. Increasing awareness in Germany about connections with the Caspian region and Central Asia was also highlighted as crucial.
Germany's decades of experience in energy transition were acknowledged, emphasizing that awareness-raising, education, and participation of various societal segments are vital. The importance of this approach in Azerbaijan's energy transition was underscored. Overall, the discussions focused on renewable energy projects, green hydrogen, attracting foreign investments, strengthening energy infrastructure, and fostering cooperation with Germany and other countries, as well as the involvement of local companies in this transition process.