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 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 signing ceremony, Hikmat Mustafayev, Chief of Staff at the COP29 Azerbaijan Operating Company, highlighted the various measures in place to minimize the conference’s carbon footprint. He emphasized that supplying renewable energy to the venue will significantly reduce GHG emissions, while contributing to COP29’s carbon neutrality commitment and serving as a successful example of sustainable practices.

Following on, Director of Green Energy Power Plant 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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