According to The Times of Central Asia, citing the press services of Uzbekistan’s National Electric Networks and the Kazakh government portal gov.kz, energy companies from Uzbekistan, Azerbaijan, and Kazakhstan have announced the creation of a joint venture to develop the Caspian Green Energy Corridor. The new entity, named Green Corridor Alliance, was officially registered on July 1 in Baku and unites the three national electricity operators: Azerenerji (Azerbaijan), KEGOC (Kazakhstan), and Uzbekistan’s National Electric Networks.
The joint venture is set to become a key pillar in the project aimed at exporting green electricity to Europe and ensuring long-term energy security across the region. The Uzbek authorities highlighted the strategic importance of the initiative, both for strengthening energy independence and advancing sustainable development goals:
“This initiative is of fundamental importance for our energy security and green growth,” the Uzbek side stated.
As previously reported by The Times of Central Asia, the project is supported by the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB). In April 2025, the three countries signed a Memorandum of Understanding with these institutions in Baku, paving the way for a comprehensive feasibility study.
The Caspian Green Energy Corridor is designed to facilitate cross-border electricity trade and accelerate the adoption of renewable energy across Central Asia and the Caspian region. In the long term, the project aims to integrate the power grids of Uzbekistan, Kazakhstan, and Azerbaijan—creating a reliable route for clean energy exports to Europe.
The launch of the Green Corridor Alliance builds on agreements reached at the COP-29 climate summit, held in Baku in November 2024, where the presidents of the three countries committed to deepening their green energy cooperation.
