EKI Energy registers Azerbaijan’s first voluntary carbon market solar project

EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy.

Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s national grid without fossil fuel use, the project is expected to reduce around 274,074 tons of carbon emissions annually. It is registered under the Gold Standard for the Global Goals framework, supporting Sustainable Development Goals related to clean energy, economic growth, and climate action.

As Azerbaijan’s first-ever large-scale solar initiative and the first registered renewable project under Voluntary Carbon Markets, this project represents a significant milestone. Manish Dabkara, Chairman and Managing Director of EKI Energy Services, highlighted that this project sets an example of climate action and international cooperation, aligning with global objectives and the Paris Agreement as COP29 unfolds.