ARTICLE
26 August 2021

On July 12, 2021, Milli Majilis Of The Republic Of Azerbaijan Adopted A New Law "On The Use Of Renewable Energy Sources In The Production Of Electricity" Dated May 31, 2021

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On July 12, 2021, Milli Majilis of the Republic of Azerbaijan adopted a new Law "On the Use of renewable energy sources in the production of electricity" dated May 31, 2021 #339-VIQ.
Azerbaijan Energy and Natural Resources
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On July 12, 2021, Milli Majilis of the Republic of Azerbaijan adopted a new Law “On the Use of renewable energy sources in the production of electricity” dated May 31, 2021 #339-VIQ.

Consisting of 3 chapters and 20 articles, this law regulates the legal, economic and organizational bases for the use of renewable energy sources in the electricity generation, as well as support mechanisms to promote the electricity generation from renewable energy sources and other relations in this field.

The Law provides creation of an atlas of the potential of renewable energy sources of the Republic of Azerbaijan, as well as an information system on renewable energy sources.

It is also stated in the Law that a permission with the requirements of the Law of the Azerbaijan Republic “On Licenses and Permits” shall be obtained for the production of electricity from renewable energy sources in excess of the specified capacity.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
26 August 2021

On July 12, 2021, Milli Majilis Of The Republic Of Azerbaijan Adopted A New Law "On The Use Of Renewable Energy Sources In The Production Of Electricity" Dated May 31, 2021

Azerbaijan Energy and Natural Resources

Contributor

GRATA International is a dynamically developing international law firm which provides services for projects in the countries of the former Soviet Union and Eastern Europe. More than 28 years 250 professionals in 19 countries advise major international and local firms. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles.
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