President Shavkat Mirziyoyev of Uzbekistan has sanctioned a strategic partnership agreement focused on the production and transfer of green energy with Azerbaijan and Kazakhstan. The Uzbek Ministry of Justice announced this approval, marking a significant advancement in regional collaboration on sustainable energy.

Source: Caliber

According to the agreement, the three nations will collaborate to develop and transmit green energy, particularly emphasizing the facilitation of energy transfer across the Caspian Sea.

In addition to the Caspian Sea transmission initiative, the agreement also details the connection to an energy cable that links to the Black Sea region, thereby enhancing energy flow among the participating countries. Uzbekistan’s Ministry of Energy has been assigned the role of overseeing the agreement's execution.

Originally signed on November 13, 2024, in Baku, Azerbaijan, this agreement marks a significant milestone in the partnership between Uzbekistan, Azerbaijan, and Kazakhstan aimed at advancing green energy initiatives. The strategic partnership seeks to bolster energy security, promote sustainable development, and encourage the use of renewable energy sources throughout the region.

The green energy collaboration among Uzbekistan, Kazakhstan, and Azerbaijan is set to create tens of thousands of jobs, improve energy infrastructure, and strengthen technological and business connections among the three nations. Additionally, it is anticipated to enhance living standards across the region.

Leaders from the three countries have emphasized the need to expedite the project's implementation. Key priorities include the formation of a joint venture, the development and approval of technical documentation, and the completion of necessary procedures to ensure seamless progress.

In November 2023, officials from the Energy Ministries of Uzbekistan, Kazakhstan, and Azerbaijan convened to discuss a groundbreaking initiative aimed at supplying green electricity through their territories to third-party consumers, especially in the European Union.

A pivotal aspect of this project involves constructing a deep-water cable under the Caspian Sea, enabling the transmission of renewable energy from the region to Europe. The three countries are currently focused on developing a viable business model for exporting green energy to the EU.

In August 2024, the nations agreed to establish a joint venture, with its headquarters in Baku, to oversee the export of green energy to Europe.