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Water Power Magazine (11 February 2026)

Two small hydropower plants in Azerbaijan have secured internationally certified carbon credits under the Gold Standard scheme, marking a first for the country’s renewable sector and signalling expanding use of market-based emissions mechanisms in regional hydro development.

A small hydropower initiative in Azerbaijan has generated the country’s first internationally issued carbon credits linked to renewable energy generation, according to the state utility Azerenerji.

The Hydro-3 project, which covers the Mirik and Garagishlag small hydropower plants in the Lachin district, was developed through cooperation between Azerenerji and SOCAR Trading. It was registered by the Gold Standard carbon certification body on 28 May 2025, and credits were formally issued on 28 January 2026.

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