Baku hosted the 12th ministerial meeting of the Southern Gas Corridor Advisory Council and the 4th ministerial meeting of the Green Energy Advisory Council, bringing together representatives from 27 governments and 60 institutions and companies.

“Azerbaijan plays an important role as a reliable transit country for energy resources,” Azerbaijani President Ilham Aliyev stated during his speech at the 12th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the 4th Ministerial Meeting of the Green Energy Advisory Council in Baku on Tuesday.

Black Sea Energy, a regional energy corridor delivering Azerbaijan’s green power to Europe through an underwater Black Sea cable, has officially received PMI status from the European Commission, marking a significant milestone in the project’s development.

Azerbaijan’s Energy Minister Parviz Shahbazov met with the head of the European Union (EU) Delegation to Azerbaijan, Ambassador Marijana Kujundžić, in Baku on Tuesday to discuss the implementation of the Green Energy Corridor project, which will enable electricity exports from Azerbaijan to Europe, News.Az reports.

A presentation on the “Caspian-Black Sea-Europe Green Energy Corridor” project was held at the Azerbaijan Cultural Center in Berlin, co-organized by the Azerbaijani Embassy in Germany, the Eastern Committee of the German Economy, and the Green Energy Corridor Power Company.

On September 1, Azerbaijani President Ilham Aliyev met with Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), in Tianjin, China.

Azerbaijan, Georgia, Türkiye and Bulgaria signed a Memorandum of Understanding on cooperation regarding the green energy corridor.

Azerbaijan, Kazakhstan, and Uzbekistan have signed an agreement on cooperation in the development and transmission of green energy, marking an important step toward a sustainable energy future for the region. Countries in Central Asia and the South Caucasus are increasingly showing interest in alternative energy sources, including solar and wind power, as well as hydrogen energy. However, despite the promising prospects, green energy remains more of a niche solution at this stage, applicable mainly in regions where the construction of traditional power transmission lines is economically unfeasible or technically challenging.