Key Market Indicators
BAKU, Azerbaijan - Azerbaijani renewable energy generation is projected to climb to 0.5 terawatt-hours by 2028, marking an increase from 0.3 terawatt-hours in 2023. This represents an average annual growth rate of approximately 5%. Since 2014, the country's renewable energy supply has seen a significant upward trend, with an average annual increase of about 11%. The steady rise underscores Azerbaijan's commitment to expanding its renewable energy footprint in the coming years.
