Within the framework of cooperation between SOCAR Trading and AzerEnerji JSC, the “Hydro-3” project—covering the Mirik and Garagishlag small hydropower plants located in the Lachin district—has successfully entered the international carbon market.
According to SOCAR, this represents a milestone achievement of historic significance for Azerbaijan’s energy sector. The project was registered on 28 May 2025 by Gold Standard, one of the world’s leading carbon certification organizations, and carbon credits under the “Hydro-3” project were officially issued on 28 January 2026.
These are the first international carbon credits obtained from renewable energy sources in Azerbaijan’s history.
The carbon credits cover the period from April 2024 to August 2025 and total 10,745 carbon units. This confirms the project’s 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.
