® SOCAR Green and Holcim Azerbaijan sign Memorandum of Understanding
SOCAR Green and Holcim Azerbaijan have signed a Memorandum of Understanding (MOU) to advance renewable energy solutions aimed at reducing the environmental impact of industrial operations in Azerbaijan. This partnership is focused on decarbonizing Holcim production process through renewable energy and innovative, sustainable technologies, reflecting both companies’ dedication to promoting sustainable industrial practices and reducing environmental impact.
The MOU establishes a framework for exploring renewable energy opportunities, supporting Holcim’s commitment to its global Net-Zero Pledge by 2050. To achieve these ambitious goals, Holcim is implementing industry-leading measures, including alternative fuel use, circular economy practices, and innovative carbon capture, utilization and storage technologies.
“This partnership with SOCAR Green will help us explore renewable energy options to support our decarbonization objectives in Azerbaijan,” said a CEO of Holcim Azerbaijan Mr. Khalid Samaka. “By integrating sustainable energy solutions into our operations, we are taking a critical step in contributing to Holcim’s global Net-Zero journey, as well as supporting national sustainability goals.”
Elmir Musayev, General Director of SOCAR Green also expressed enthusiasm for the collaboration: “Our Memorandum of Understanding with Holcim Azerbaijan marks a pivotal milestone in fostering greener energy solutions within the construction sector. Together, we are dedicated to advancing sustainable development that aligns seamlessly with SOCAR Green’s strategic priorities.”
As a global leader in sustainable construction, Holcim’s partnership with SOCAR Green, positioned at the forefront of the Azerbaijan’s transition to renewable energy, emphasizes its dedication to reducing the environmental impact of its operations and aligns with Azerbaijan’s vision for a more sustainable, low-carbon future. By working together, both companies are positioned to drive impactful changes in the industry, contributing to a resilient, sustainable future for Azerbaijan and beyond.
About Holcim
Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 27.0 billion in 2023. Our 63,448 employees are driven by our purpose to build progress for people and the planet across our regions to improve living standards for all. We partner with our customers to offer the broadest range of advanced solutions, from sustainable building materials ECOPact and ECOPlanet, to our circular technology ECOCycle®️, all the way to Elevate’s advanced roofing and insulation systems.
About SOCAR Green
Established in 2024, SOCAR Green is at the forefront of the nation's transition to renewable energy, SOCAR Green drives the implementation of clean energy initiatives, including large-scale solar, wind, and green hydrogen projects. Through strategic partnerships with international leaders in renewable energy, SOCAR Green supports Azerbaijan’s commitment to achieving its national climate targets and contributing to global sustainability goals.
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