Renewable energy
Getting a wind or solar project through Azerbaijani permitting means four regulators and a timetable measured in years. We work with investors and developers across the whole lifecycle, so that what is agreed at the permit stage still holds at financial close.
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How we work
Auctions, permits and power purchase agreements for wind and solar.
Alternative energy is the firm's specialism. We advise on the auctions and direct negotiations through which projects are awarded, the land and grid rights a plant needs, and the power purchase agreement that makes it financeable.
Because our legal and tax lawyers work as one team, that relief and its conditions are part of a project's structure from the start rather than discovered at the end.
Renewable projects with state purchase obligations can be exempted from taxes and customs duties for up to thirty years. Because our legal and tax lawyers work as one team, that relief and its conditions are part of a project's structure from the start rather than discovered at the end.
Our projects
Work we have done
First offshore wind project in the Caspian Sea
We support Azerbaijan Green Energy Company and its project company, Clean Energy Capital, on the first offshore wind project in the Caspian Sea.Read the caseRenewable energyAzerbaijan’s first auction-based renewable energy project
The first renewable energy project in Azerbaijan procured through a competitive auction. As lead counsel to the investor, Universal Solar Co., Ltd., we took a 100 MW solar plant in Gobustan from project agreements to the start of construction.Read the caseWhat we do
Our renewable energy practice covers:
- Auction bids and direct negotiations with the authorities
- Permits and regulatory compliance across the approving bodies
- Land lease and rights of use for project sites
- Power purchase agreements
- Grid connection agreements
- EPC, supply, and operation and maintenance contracts
- Tax and customs exemptions for renewable projects
- Financing and security for lenders and sponsors
Who you will deal with
Vugar Mammadov
Managing Partner
Recognised by IFLR1000 and Legal 500. Energy, corporate, arbitration.
- Energy and infrastructure mandates
- Cross-border corporate structuring
- International arbitration
News and insight
VLM Times
The amendments, decrees and court decisions that change what a business operating in Azerbaijan has to do next.
Contact
Tell us what you are trying to do in Azerbaijan
Marine Plaza, 3rd floor, Uzeyir Hajibeyli 62, AZ 1010, Baku. A partner replies within one business day.
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