EU-Azerbaijan Roundtable Meeting on Offshore Wind Power Development was held
  • Publication date2025-04-04 18:40:00
  • CategoryPress releases

In parallel with Southern Gas Corridor Advisory Council 11th Ministerial Meeting and Green Energy Advisory Council 3rd Ministerial Meeting, the next EU-Azerbaijan Roundtable Meeting on Offshore Wind Power Development was organized in Baku.

Leading European wind energy companies and financial institutions participated at the event, which was attended by Energy Minister Parviz Shahbazov, EU Commissioner for Energy and Housing Dan Jorgensen and CEO of WindEurope Giles Dickson.

Information was provided about the identification of five areas in the Azerbaijani segment of the Caspian Sea, the implementation of measurement and observation works and the projects implemented with energy companies. It was noted that at the initial stage, 4 GW of offshore wind energy will be exported to Europe through the Caspian-Black Sea-Europe Green Energy Corridor, as well as other planned interconnectors are directed to European countries. It was noted that European companies have abundant opportunities to actively participate in wind energy production and transmission projects. With European technological capabilities and investments, Azerbaijan's rich energy resources and strategic geographical location can lead to significant progress.

At the roundtable, mutual interest in Azerbaijan-EU cooperation on the development of Azerbaijan's offshore wind energy potential was once again emphasized. The work carried out within the Implementation of the Memorandum of Understanding signed between AREA and WindEurope in 2024 was reviewed and the next steps were discussed.