(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 15. The Ministry of
Energy of Azerbaijan and the European Bank for Reconstruction and
Development (EBRD) plan to sign a Memorandum of Understanding on
technical support for the development of the electricity sector of
Azerbaijan in the near future, trend reports, citing Azerbaijani Energy Ministry.
According to the ministry, the issues was discussed at a meeting
between Samir Valiev, Deputy Minister of Energy of Azerbaijan, and
the EBRD delegation headed by Catarina Bjorlin Hansen, Regional
Director for the Caucasus.
The sides also exchanged views on the ongoing cooperation and
further prospects of its development in the fields of electricity,
renewable energy, and energy efficiency.
The status of implementation of joint projects, development of
low-carbon electricity, and renewable energy projects was
considered. The parties also assessed the preparations for the
carrying out the project on auctions system for renewable energy
projects in Azerbaijan.
The meeting also discussed measures taken to transform the
territories liberated from Armenian occupation into green energy
zones, and to create zero emissions zones in these territories by
2050, as well as to implement offshore wind energy projects.
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