Azerbaijan is targeting 6 GW of renewable capacity by 2030, with the UAE's Masdar anchoring a build-out that could reach 10 GW in two phases and a Black Sea–Caspian cable poised to export up to 4 GW of green power to Europe.
Capital investment reached 9.295 billion manats ($5.47 billion) in the first half of 2026, up 13.8% year-on-year, though non-oil investment slipped 5.5%.
Agreements with Turkmenistan, Uzbekistan and Kazakhstan are turning the trans-Caspian route into contracts, from a joint cargo fleet to digital permits.
The Azerbaijan-focused miner posted $159.1 million in H1 2026 revenue as copper output jumped roughly 7.4-fold and Demirli made its first sales.
Customs data show H1 2026 turnover of $24.66 billion, with exports of $16.32 billion against $8.34 billion in imports — a $7.98 billion surplus.
Azerbaijan's GDP rose 0.8% in H1 2026 after a flat five months, with non-oil exports up 16.9% to $1.8 billion and non-oil industrial output growing 4.1%.
The OPEC+ Charter of Cooperation Technical Committee held its first meeting in Baku, where Energy Minister Parviz Shahbazov argued Azerbaijan's strategic weight lies in reliable connectivity — backed by $6.2 billion in H1 oil exports.
The 12th Steering Committee in Baku declared the feasibility study complete: the Azerbaijan-Georgia-Hungary-Romania green corridor now moves to implementation, with a roadmap toward final investment decision.
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