Azerbaijan Renewable Energy Tenders

Azerbaijan's renewable energy market is poised for significant growth in the coming years, driven by government initiatives, favorable resource potential, and increasing investor interest. The country's renewable energy capacity is expected to reach 4.2 gigawatts by 2030, up from 1.6 gigawatts in 2022.

The Azerbaijani government is committed to promoting renewable energy development and has set a target of increasing the share of renewables in the country's energy mix to 30% by 2030. The government is supporting the sector through various measures, including:
Providing subsidies and incentives for renewable energy projects
Establishing a renewable energy portfolio standard (RPS)
Investing in renewable energy infrastructure

The Azerbaijani government procures a wide range of renewable energy products and services, including:
Solar photovoltaic (PV) panels
Wind turbines
Hydropower stations
Geothermal power plants

The top authorities for renewable energy procurement in Azerbaijan are:
The Ministry of Energy
The State Agency on Alternative and Renewable Energy Sources (SAARES)
The Azerbaijan Renewable Energy Association (ARENA)

The top winners of renewable energy procurement contracts in Azerbaijan are:
ACWA Power
Masdar
BP
Siemens

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