Euronews
· collected 2026-10-12 · by Saida Rustamova, Nargiz Mammadzada
German industrial giants, including Siemens Energy, are exploring opportunities to support Azerbaijan's green energy transition, as the country aims to handle 30 million tonnes of transit cargo by 2030.
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country → include → 2030
German energy and infrastructure heavyweights are exploring new opportunities in Azerbaijan.
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heavyweights → explore → Azerbaijan
Their plans cover both gas supplies and renewable energy, at a time when Europe seeks to reduce its dependence on Russian fossil fuels.
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Europe → cover → fuels
Speaking at the German-Azerbaijani Connectivity Conference 2026, which was hosted by the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) in Baku, European corporate leaders outlined concrete investment plans ranging from fossil fuels to renewable energy networks along the Middle Corridor.
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leaders → speak → Corridor
The gathering brought together more than 250 participants, including over 35 guests from Germany and Azerbaijani policymakers.
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gathering → bring → Germany
A new pillar of economic cooperation
Nargis Wieck, Executive Director of AHK Azerbaijan, stressed the need to build on strong bilateral trade ties to encourage concrete investments.
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Wieck → stress → investments
Wieck told Euronews that one of the key questions was how to “deepen our economic cooperation through concrete projects”.
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one → tell → projects
She also said that part of the chamber’s role involves “helping German companies become part of Azerbaijan’s economic ecosystem, and Azerbaijani companies integrate more closely into German and European value chains”.
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companies → say → chains
German Ambassador Dirk Lölke noted that after President Ilham Aliyev’s recent visit to Berlin, regional connectivity could become the "second pillar" of bilateral economic relations, alongside energy cooperation.
Accelerating the green energy transition
On the energy front, Siemens Energy said it was ready to provide critical technology and expertise for Azerbaijan’s renewable energy sector and the planned Caspian-Black Sea-Europe Green Energy Corridor.
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it → note → sector
Frederik Doye, Senior Vice President for Europe at Siemens Energy, emphasised that Azerbaijan’s vast offshore wind potential positions the country as a vital energy link connecting Europe, the South Caucasus, and Central Asia.
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potential → emphasise → Europe
Azerbaijan plans to develop 8 GW of wind and solar projects by 2032, according to Deputy Minister of Energy Elnur Soltanov.
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Azerbaijan → plan → Soltanov
He said that the priority was to develop the partnership in a number of areas, including "renewable energy, energy connectivity, energy efficiency and the broader energy transition".
"Our goal is to connect this potential to European markets through several complementary routes - the Caspian-Black Sea-Europe Green Energy Corridor, the Central Asia-Azerbaijan Corridor, and westward links to Türkiye and Europe via Georgia and Nakhchivan," he added.
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he → say → Georgia
Beyond generation, German technology providers are setting their sights on power grid modernisation, battery energy storage systems (BESS), and electric vehicle charging infrastructure.
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providers → set → modernisation
Julia Egel, Head of Stakeholder Engagement at AHK Azerbaijan, noted that German firms are perfectly positioned to support Azerbaijan's mandate to boost renewable power generation.
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firms → note → generation
The country's stated target is to increase the share of renewables in its installed electricity generation capacity to 30% by 2030.
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target → state → 2030
Egel also announced an upcoming trade mission of German energy companies to Azerbaijan, with plans for targeted business-to-business meetings and potential German pavilions at next year's Baku Energy Week.
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Egel → announce → Week
Securing gas supplies
Alongside renewable energy projects, German companies are looking to secure gas supplies.
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companies → secure → supplies
German gas importer VNG AG said it was interested in a long-term supply agreement with the State Oil Company of Azerbaijan (SOCAR) lasting 15 to 20 years.
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it → say → years
The firm aims to significantly boost current import volumes to stabilise European markets in the short term before transitioning to fully decarbonised systems.
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firm → aim → systems
The company also said it was interested in working more closely with SOCAR on biomethane, renewable energy, hydrogen and decarbonised fuels.
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it → say → biomethane
Separately, German wind turbine manufacturer Enercon is exploring the possibility of setting up local production in Azerbaijan using German financing and technology.
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Enercon → explore → financing
"We are currently exploring investment opportunities in Azerbaijan and how we, as a wind turbine manufacturer, can become active here," company representative Tayfun Bayraktar said on the sidelines of the conference.
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Bayraktar → explore → conference
While the company has not yet received a formal proposal, Bayraktar noted that successful talks could eventually lead to a local manufacturing facility with export potential.
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talks → receive → potential
He added that the size of any investment would depend on demand, with a single 7 MW wind turbine currently costing around €7 million to €8 million.
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turbine → add → million
Digitalising the Middle Corridor
Beyond energy, the conference also focused on logistics and digital infrastructure.
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conference → digitalise → logistics
As Azerbaijan pushes to expand its role along the Middle Corridor, the German business community is stepping up its logistical support.
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community → push → support
Azerbaijan expects total transit cargo passing through the country to reach 30 million tonnes by 2030.
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cargo → expect → 2030
Deputy Minister of Economy Samad Bashirli presented the Alat Free Economic Zone as a platform for German manufacturers to establish export-oriented production, citing the country's stable macroeconomic environment.
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manufacturers → present → environment
Deputy Minister of Digital Development and Transport Rashad Hasanov emphasised Azerbaijan's ambition to become a regional base for global tech firms.
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Hasanov → emphasise → firms
He underlined the importance of digitalisation in improving the Middle Corridor's efficiency and strengthening Azerbaijan’s role as a bridge between Europe and Asia.
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He → underline → Europe
The Aporia
