(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 17. A meeting between
representatives of Azerbaijan's Energy Ministry and Austrian
companies was held within the 10th meeting of the Joint Commission
on Economic, Agricultural, Industrial, Technical and Technological
Cooperation between Azerbaijan and Austria on 16 May in Baku,
Trend reports via
According to the ministry, the parties discussed strategic
targets set to expand the use of“green energy” in Azerbaijan, as
well as the renewable energy potential of the country, including
offshore wind energy resources, institutional environment in the
field and the steps taken to realize the identified goals.
“Austrian companies expressed an interest in detailed study of
potential cooperation opportunities in the fields of solar energy
and hydropower in the Azerbaijani territories liberated from
Armenian occupation [in the 2020 second Karabakh war],” added the
According to the State Customs Committee of Azerbaijan, from
January through March 2022, the trade turnover with Austria
exceeded $70.5 million compared to the same period of last year
($12 million), an increase of 5.84 times over the year.
- Azerbaijani Ministry of Energy
- renewable energy
- Azerbaijan's liberated territories
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