(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 28. Azerbaijan and
the International Finance Corporation (IFC) discussed the strategic
partnership agreement on the development and transport of green
energy among Azerbaijan, Georgia, Romania and Hungary, energy
transition, hydrogen energy, and other issues, the Azerbaijani
Ministry of Energy told trend .
This issue was discussed at the meeting between Azerbaijani
Minister of Energy Parviz Shahbazov and IFC's Regional Director for
Europe Rana Karadsheh.
According to the ministry, the sides addressed energy issues in
the economic development of Azerbaijan, as well as traditional and
green energy projects implemented in the country. They also
reviewed prospects for accelerating private sector involvement in
the energy sector and developing Azerbaijan-IFC cooperation.
The parties went over prospects for energy collaboration, as
well as regarded joint projects as successful development stories
On December 21, 2022, the Azerbaijan Energy Regulatory Agency
(AERA) under the Energy Ministry and the International Finance
Corporation have discussed attracting private sector investments in
the energy sector of Azerbaijan. This issue was discussed between
AERA Board Chairman Samir Akhundov and IFC County Representative in
Azerbaijan Aliya Azimova.
The sides reviewed public-private partnership on renewables,
public sector involvement in the field, and electricity exports,
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