(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 6. Kyrgyzstan is ready
to present investment projects to the European Union (EU),
including the construction of major hydroelectric power stations
and other renewable energy sources, trend reports.
This statement was made by President of Kyrgyzstan Sadyr Japarov
during his meeting with the European Council President Charles
Michel in Cholpon-Ata city of Kyrgyzstan.
"Kyrgyzstan is interested in participating in the new Global
Gateway Strategy of the European Union (EU), and ready to present
investment projects, including ones focusing on the large
hydroelectric power plants in Kyrgyzstan and other renewable energy
sources," the president said.
According to him, the total hydroelectric potential of
Kyrgyzstan amounts to 142.5 billion kWh per year, potential of
solar energy reaches 490 million kWh per year, and wind energy - 44
million kWh per year. Nonetheless, only 13 percent of the country's
total energy potential has been tapped.
It was also noted that Kyrgyzstan aims to reduce greenhouse gas
emissions by 44 percent by 2030, and achieve carbon neutrality by
2050, primarily through the utilization of renewable energy
sources.
Global Gateway Initiative is a global strategy aimed at
investing in infrastructure projects and fostering economic
partnerships especially in digital, energy and transport sectors.
This initiative was launched by the EU Commission in 2021,
highlighting its commitment to international collaboration in
fighting global challenges.
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