• $
  • €
  • ₽
  • ₺
  • £

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
Bir and CineMastercard Announce New Partnership: Cinema Tickets Coming Soon to Birbank
Business 17:16
Bir and CineMastercard Announce New Partnership: Cinema Tickets Coming Soon to Birbank
Yelo Bank updates pre-trip inspection payments: VAT option added
Business 14:33
Yelo Bank updates pre-trip inspection payments: VAT option added
Russia Caps Cash Outflows to Azerbaijan and Regional States at 1 Million Rubles
Business 14:30
Russia Caps Cash Outflows to Azerbaijan and Regional States at 1 Million Rubles
Azerbaijan’s Monetary Base Surpasses 25 Billion Manats — CBA
Business 14:00
Azerbaijan’s Monetary Base Surpasses 25 Billion Manats — CBA
Azerbaijan’s Azeri Light Crude Drops Sharply on Global Markets
Business 12:00
Azerbaijan’s Azeri Light Crude Drops Sharply on Global Markets
Oil Prices Advance on Global Exchanges: Brent Tops $105 per Barrel
Business 11:33
Oil Prices Advance on Global Exchanges: Brent Tops $105 per Barrel
Bank Respublika and AccessBank announce the successful completion of a strategic transaction
Business 11:18
Bank Respublika and AccessBank announce the successful completion of a strategic transaction
Natural Gas Futures Rise on NYMEX for December Delivery
Business 11:00
Natural Gas Futures Rise on NYMEX for December Delivery
Precious Metals Fall on NYMEX/COMEX Trading
Business 10:29
Precious Metals Fall on NYMEX/COMEX Trading
Anews TV

Our official Youtube channel

Subscribe