Azerbaijan Renewable Energy Agency under the Ministry of Energy of the Republic of Azerbaijan was established in accordance with the Decree No. 1159 of the President of the Republic of Azerbaijan dated September 22, 2020 and the Charter of the Agency was approved. By the above-mentioned Decree No.1159, “Azalternativenerji” LLC was transferred to the subordination of the Azerbaijan Renewable Energy Agency.
According to the Charter, the State Agency is a body involved in the formation and implementation of state policy in the field of renewable energy sources and their efficient use.
The State Agency takes measures to organize, regulate and coordinate activities in the field of renewable energy sources and their efficient use, as well as to increase the investment attractiveness of the relevant sector.
The main objectives of the State Agency are to increase the share of renewable energy sources within the installed electricity generation capacity up to 30% by 2030, to transform the liberated territories into the "Green Energy" Zone, to ensure the participation of the private sector in this area.