Energy

COP29 Azerbaijan OC and Azerenerji’s Green Energy Power Plant Sign MoU

This agreement ensures that the Baku Stadium, venue for COP29, will be powered entirely by renewable energy sources throughout the conference

SME News Service

A Memorandum of Understanding (MoU) has been signed between the COP29 Azerbaijan Operating Company and Green Energy Power Plant LLC under Azerenerji OJSC. This agreement ensures that the Baku Stadium, venue for COP29, will be powered entirely by renewable energy sources throughout the conference.

The MoU was signed by Hikmat Mustafayev, Chief of Staff at the COP29 Azerbaijan Operating Company and Emil Ibadov, Green Energy Power Plant LLC.

The document also outlines a five-party agreement between COP29 Azerbaijan Operating Company, Azerenerji OJSC, Azerishig OJSC, Stadium Operating Company LLC, and Green Energy Power Plant LLC to ensure effective collaboration and coordination in delivering the renewable energy supply.

Speaking at the event, Ayan Najaf, a member of the Coordination Board and Spokesperson for the COP29 Azerbaijan Operating Company, stated: “COP29 has set several precedents in sustainable event operations and management, significantly boosting the promotion and implementation of sustainable practices and the green transition in the country.

"We are confident that various event infrastructures and venues will be managed with environmental responsibility, focusing on energy efficiency and green energy supplies, following the example set by Baku Stadium.”

Following on, Director of Green Energy Power Plant LLC Emil Ibadov highlighted President Ilham Aliyev’s vision to transform the liberated territories into a green energy zone and make efficient use of the region’s hydropower potential.

He noted that the company currently generates green energy from 32 small hydropower plants in the Karabakh region, with a total capacity of 270 MW, and stressed the vital role of such projects in combating climate change.

It is worth noting that the COP29 Azerbaijan Operating Company has already implemented measures to reduce the conference’s carbon footprint and environmental impact.

These measures include using Hydrogenated Vegetable Oil (HVO) instead of diesel in generators for temporary structures around the Baku Stadium and installing energy-efficient equipment throughout the stadium and its surrounding buildings.

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