BAKU, Azerbaijan, February 10. Azerbaijan's
Hydro-3 project, a collaboration between SOCAR Trading and
AzerEnergy, becomes the country's first renewable energy initiative
to earn international carbon credits, reflecting its significant
contribution to global emissions reduction, AzerEnergy OJSC told
Trend.
According to the company, the Hydro-3 project, covering the
“Mirik” and “Garagishlag” small hydropower plants in the Lachin
district, has successfully entered the international carbon market.
The project was registered with Gold Standard, one of the world’s
leading carbon certification bodies, in May 2025, and the carbon
credits for the Hydro-3 project were officially issued on January
28, 2026.
This makes Hydro-3 the first project in Azerbaijan’s renewable
energy sector to receive international carbon credits.
The carbon credits cover the period from April 2024 through
August 2025, totaling 10,745 carbon units, demonstrating the
project’s measurable and tangible contribution to reducing
greenhouse gas emissions.
This achievement highlights the successful implementation of
Azerbaijan’s green energy strategy and marks international
recognition of the renewable energy potential in the Karabakh
region.
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