Three offshore wind energy projects with a capacity of 200 MW each are being implemented in Azerbaijan, Director of Technology and Innovations at SOCAR Green, Elchin Targuluyev, said during the online webinar “Azerbaijan: infrastructure development, electromobility and solutions for energy storage from renewable sources”, Trend's correspondent reports. According to him, an assessment of the wind resource has already begun for one of the projects, and for the other two such work will begin in the near future. These are pilot projects for larger-scale development of offshore wind energy.
The energy storage systems market in Azerbaijan is at the pilot stage. Currently, two energy storage system projects developed by the state grid operator are being implemented in Azerbaijan. As the share of renewable energy sources increases, battery-based energy storage systems are expected to increase significantly in the coming years.
The Ministry of Energy of Azerbaijan is currently working on developing a regulatory framework for battery-based energy storage systems. Currently, such systems are primarily owned by grid operators. The volume of battery storage systems commissioned globally has increased significantly in recent years.
While 42 GW of such systems were commissioned in 2023, this figure will reach 180 GW per year in 2025. By 2030, global demand for energy storage systems will exceed 1,500 GW. Meanwhile, prices for battery-based energy storage systems have fallen significantly and are currently almost a third of 2020 levels.
Low cost, modular deployment, and a high share of renewable energy are driving the rapid growth of battery storage systems," Targuluyev pointed out. According to him, the bulk of electricity production in Azerbaijan comes from thermal sources. "In 2025, the share of thermal generation in the electricity generation structure was 86.6%, while renewable energy sources accounted for approximately 13%," he explained.
He noted that the majority of renewable generation comes from hydropower, while the share of other renewable energy sources is approximately 2.5%. "This figure will increase each year as new renewable energy facilities are commissioned. In 2025, Azerbaijan had one large solar power plant in operation, while there were no large wind farms.
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