Within the framework of cooperation between “SOCAR Trading” and “AzerEnergy” OJSC, the Hydro-3 project, which covers the “Mirik” and “Garagishlag” small hydroelectric power plants located in the Lachin district, has successfully entered the international carbon market, “AzerEnergy” told APA-Economics.
The project was registered on May 28, 2025, by Gold Standard, one of the world’s leading carbon certification organizations, and carbon credits for the Hydro-3 project were officially presented on January 28, 2026.
Thus, the Hydro-3 project represents the first international carbon credits obtained in Azerbaijan’s history in the field of renewable energy sources.
The carbon credits cover the period from April 2024 to August 2025 and amount to a total of 10,745 carbon units. This indicator confirms that the project has made a real and measurable contribution to reducing greenhouse gas emissions.
This achievement once again demonstrates the successful implementation of Azerbaijan’s green energy strategy and the international recognition of the renewable energy potential of the Karabakh region.
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