• $
  • €
  • ₽
  • ₺
  • £

Azerbaijan’s Hidro-3 project enters the international carbon market

Azerbaijan’s Hidro-3 project enters the international carbon market
10.02.2026 14:55

The Hidro-3 project, covering the Mirik and Garagishlag small hydropower plants located in Azerbaijan’s Lachin district, has entered the international carbon market under cooperation between SOCAR Trading and AzerEnergy.

The project was registered on May 28, 2025, by Gold Standard, one of the world’s leading carbon certification bodies. Carbon credits under the Hidro-3 project were officially issued on January 28, 2026.

This marks Azerbaijan’s first internationally certified carbon credits in the renewable energy sector.

The credits cover the period from April 2024 to August 2025 and amount to 10,745 carbon units, confirming the project’s measurable contribution to reducing greenhouse gas emissions.

The project’s entry into the international carbon market underscores Azerbaijan’s green energy strategy and highlights the internationally recognized renewable energy potential of the Karabakh region.

N.Tebrizli

Twitter
Go
Similar news
Similar news
MP Ali Masimli Questions 2.7% GDP Growth Forecast for Azerbaijan in 2027
Business 15:34
MP Ali Masimli Questions 2.7% GDP Growth Forecast for Azerbaijan in 2027
Azerbaijan sees information and communications sector growing over 11% a year
Business 15:00
Azerbaijan sees information and communications sector growing over 11% a year
Azerbaijan economy ministry sees faster growth than central bank
Business 14:35
Azerbaijan economy ministry sees faster growth than central bank
Azerbaijan central bank drafts amendments to securities market legislation
Business 14:02
Azerbaijan central bank drafts amendments to securities market legislation
Azerbaijan sees oil and gas sector declining 1.8% in 2027
Business 13:30
Azerbaijan sees oil and gas sector declining 1.8% in 2027
Azerbaijani banks’ loan portfolio grows 14% in January–October
Business 13:00
Azerbaijani banks’ loan portfolio grows 14% in January–October
Azerbaijan central bank sees no significant inflation impact from fiscal policy in 2027
Business 12:30
Azerbaijan central bank sees no significant inflation impact from fiscal policy in 2027
Azerbaijan central bank to retain exchange-rate stability as key policy anchor in 2027
Business 12:00
Azerbaijan central bank to retain exchange-rate stability as key policy anchor in 2027
Azerbaijan to Raise Funeral Benefit for Pensioners to 1,200 Manats in 2027
Business 11:32
Azerbaijan to Raise Funeral Benefit for Pensioners to 1,200 Manats in 2027
Anews TV

Our official Youtube channel

Subscribe