(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 21. Approval of new
projects in Renewable Energy Sources (RES) sector is expected in
Azerbaijan, Director of the State Agency for Renewable Energy
Sources under Azerbaijani Energy Ministry Tabriz Ammayev said at
German-Azerbaijani Sustainable Development Forum on the topic
'Renewable Energy in Azerbaijan', on June 21, Trend reports.
'Azerbaijan has already adopted a law 'On the use of renewable
energy sources in the production of electricity'. Renewable energy
strategy for 2022 through 2026 is being developed. We hope it will
be approved soon,' Ammayev said.
According to Ammayev, Azerbaijan's hydrogen production potential
is currently being assessed jointly with European Bank for
Reconstruction and Development (EBRD).
'Creation of 'green' zone in Karabakh [Azerbaijan's liberated
lands from Armenian occupation] will also contribute to significant
development and increase the experience of Azerbaijan in the
production of renewable energy,' Ammayev said.
Ammayev also told forum participants about a number of
agreements with companies such as ACWA Power (Saudi Arabia), Masdar
(UAE's Abu Dhabi Future Energy Company), and current energy
projects.
'Azerbaijan being oil and gas exporting country pays significant
attention to sustainable development. Country striving to achieve
the target of 30 percent for usage of RES by 2030 with the
potential for further growth,' Ammayev added.
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