On the occasion of the upcoming official visit to Azerbaijan (Baku) by the Secretary of State for Trade, Ms. Amparo López Senovilla, the Spanish Chamber of Commerce, the Secretary of State for Trade through ICEX Spain Export and Investment, and the Spanish Confederation of Business Organizations (CEOE) are organizing a Spain–Azerbaijan Business Forum on 11 March 2025 at the Fairmont Baku, Flame Towers, Azerbaijan.

Azerbaijan is a country of growing importance, supported by a solid base of energy resources and a firm strategic commitment to diversification and sustainability. With estimated growth of over 4% in 2024 and prospects for long-term stability, the country offers a path of increasing prosperity. Azerbaijan is undergoing a profound transformation to diversify its economy and industry beyond hydrocarbons. A key element of this transformation is a significant expansion of renewable energy, which is expected to reach 33% of energy generation by 2030, up from the current 8%.

The country is…