# Azerbaijan signs AIIB grants for a green-energy corridor and offshore wind > Azerbaijan’s Energy Ministry said on October 9 that the government signed two grant agreements with the Asian Infrastructure Investment Bank (AIIB): one for development of the Caspian Green Energy Corridor project and another for a concept study of coastal infrastructure to support large offshore wind plants. The agreements were signed during an online meeting between Energy Minister Parviz Shahbazov and an AIIB delegation. - Canonical URL: https://newsverum.com/en/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026 - Publisher: Newsverum - Section: Energy - Country: Azerbaijan - Published: 2026-10-10T18:05:07+00:00 - Updated: 2026-10-10T18:05:07+00:00 - Event / data period: 2026-10-09 - Other editions: [Türkçe](https://newsverum.com/tr/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026.md), [العربية](https://newsverum.com/ar/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026.md), [Français](https://newsverum.com/fr/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026.md), [Español](https://newsverum.com/es/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026.md), [Deutsch](https://newsverum.com/de/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026.md), [Português](https://newsverum.com/pt/news/azerbaijan-aiib-green-energy-project-preparation-grants-2026.md) The ministry said the corridor is intended to connect Azerbaijan, Kazakhstan and Uzbekistan. The agreements concern project preparation and do not represent a completed transmission line, a construction decision or electricity exports. The grant amounts are USD 1 million for corridor project development and USD 100,000 for the coastal-infrastructure concept study. The grants provide USD 1 million for development of the corridor project and USD 100,000 for the coastal-infrastructure concept study supporting large-scale offshore wind plants. They fund preparation work, not construction of wind farms. ## Data ### Azerbaijan signs two AIIB green-energy grants The event record covers two grant agreements signed on October 9 for green-energy project development and a coastal-infrastructure concept study. Methodology: This event records the two agreements announced by the Energy Ministry on October 9; amounts fund preparation work, not construction. | date | label | description | status | |---|---|---|---| | 2026-10-09 | Azerbaijan signs two AIIB green-energy grants | On October 9, 2026, Azerbaijan signed grants for corridor project development and an offshore-wind coastal-infrastructure concept study. | occurred | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/azerbaijan-aiib-green-energy-project-preparation-grants-2026/data/azerbaijan-aiib-oct9-grant-agreements?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/azerbaijan-aiib-green-energy-project-preparation-grants-2026/data/azerbaijan-aiib-oct9-grant-agreements?lang=en&format=csv) ### Signed project-preparation grants The event record covers two grant agreements signed on October 9 for green-energy project development and a coastal-infrastructure concept study. Methodology: Grant-agreement amounts from the Energy Ministry are expressed in million USD; USD 100,000 = USD 0.1 million. They are commitments for project preparation, not disbursements or construction spending. | Scope | Scope | Scope | Scope | Scope | Scope | Scope | Signed grant (million USD) | |---|---|---|---|---|---|---|---| | Hazar Yeşil Enerji Koridoru proje geliştirmesi | Caspian Green Energy Corridor project development | تطوير مشروع ممر الطاقة الخضراء عبر قزوين | Développement du corridor d’énergie verte de la Caspienne | Desarrollo del corredor de energía verde del Caspio | Projektentwicklung des grünen Energiekorridors am Kaspischen Meer | Desenvolvimento do corredor de energia verde do Cáspio | 1 | | Açık deniz rüzgârı kıyı altyapısı konsept çalışması | Offshore-wind coastal-infrastructure concept study | دراسة مفهوم للبنية الساحلية لطاقة الرياح البحرية | Étude conceptuelle des infrastructures côtières pour l’éolien en mer | Estudio conceptual de infraestructura costera para eólica marina | Konzeptstudie zur Küsteninfrastruktur für Offshore-Windkraft | Estudo conceptual de infraestrutura costeira para eólica offshore | 0.1 | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/azerbaijan-aiib-green-energy-project-preparation-grants-2026/data/azerbaijan-aiib-preparation-grant-amounts?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/azerbaijan-aiib-green-energy-project-preparation-grants-2026/data/azerbaijan-aiib-preparation-grant-amounts?lang=en&format=csv) ## Sources - [Ministry of Energy of the Republic of Azerbaijan]() (Source checked: 2026-10-10; Published: 2026-10-09) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)