Bank Of Baku

Ali Asadov: Renewable energy is the next direction of industrial development

Ali Asadov, Azerbaijani Prime Minister

© APA | Ali Asadov, Azerbaijani Prime Minister

# 09 December 2025 12:23 (UTC +04:00)

The development of the renewable energy industry is the next direction of industrial growth, said Prime Minister Ali Asadov during the discussion of the draft law “On the State Budget of the Republic of Azerbaijan for 2026,” which was brought up at today’s session of the Milli Majlis, APA reports.

The Prime Minister noted that among the new sectors, the creation of renewable energy sources holds a key position: “The projects implemented in this direction attract a large volume of international investments. This is the next direction of industrial development.”

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