EBRD, Azerbaijan To Sign Agreements In Sphere Of Alternative Energy
Date
5/17/2022 4:15:37 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 17. The European bank for
Reconstruction and Development (EBRD) and Azerbaijan will sign
agreements in the sphere of alternative energy, the Head of the
EBRD office in Baku Kamola Makhmudova said at the EU-Azerbaijan
business forum on May 17, Trend reports.
According to her, the bank implemented projects in Azerbaijan in
the sphere of 'green' technologies in previous years, ensuring the
safety of industrial waste.
'This work was carried out in large cities, and this trend will
continue in the future. EBRD is involved in other large projects,
in particular in the agriculture and transport sectors, and also in
the sphere of alternative energy. The bank plans to expand its
participation in the sphere of alternative energy,” Makhmudova
added.
According to Makhmudova, it is planned to sign relevant
agreements by the end of May as part of the construction of power
plants with an installed capacity of 230 mW and 100 mW.
Tags:
- alternative energy
- Azerbaijan
- bilateral relations
- economy
- European Bank for Reconstruction and Development (EBRD)
- green energy
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