(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 6. Azerbaijan's
Nakhchivan will export green energy to Türkiye and the EU,
Azerbaijan renewable Energy Agency's (AREA) Deputy Director Kamran
Huseynov said at the 29th Baku Energy Forum in Azerbaijan on June
5, Trend reports.
According to him, the Nakhchivan Autonomous Republic, with its
renewable energy potential of five GW, will become one of the
exporters of green energy.
“We plan to send electricity from Nakhchivan, mainly from new
solar power plants (SPP), to Türkiye and further, possibly to
Europe,” the official explained.
Nakhchivan has been declared a green energy zone in
Azerbaijan.
The Ministry of Energy of Azerbaijan is attracting foreign
companies to create renewable energy sources in Nakhchivan.
Specifically, TotalEnergies and Nobel Energy have announced
solar power projects in Nakhchivan with a total capacity of 650 MW,
Masdar (UAE) with a 150 MW solar power project, and the German
company Notus with a 70 MW solar power project in the northwest of
Nakhchivan.
Other projects are also being explored.
Huseynov also reminded that the liberated territories of
Azerbaijan are designated as green energy zones, where two GW of
renewable energy source capacity will be created.
"In particular, we recently agreed with Nobel Energy on a solar
power plant in Jabrayil. We are also negotiating with Chinese
companies for renewable energy sources in the liberated
territories," he added.
According to him, all foreign investments in renewables in
Azerbaijan are conducted through the public-private partnership
mechanism, and this yields good results.
The deputy director of AREA pointed out that in 2024, the share
of renewable energy sources in the country's overall electricity
balance could increase by more than six percent, and in the coming
years, it can reach 30-33 percent.
To note, over 600 delegates are participating in the forum,
which began on June 5, representing a diverse range of countries
including Australia, Austria, Belarus, Belgium, Bulgaria, China,
the Czech Republic, Finland, France, Georgia, Hungary, India,
Israel, Italy, Japan, Kazakhstan, Latvia, Monaco, the Netherlands,
Norway, UAE, Qatar, Romania, Russia, Saudi Arabia, Slovenia,
Sweden, Switzerland, Ukraine, the UK, the US, and Uzbekistan. This
year's forum boasts a record number of speakers, totaling 81.
The Forum's agenda will address energy issues of significance
for Azerbaijan and the broader Caspian region, focusing primarily
on considerations and financing related to energy security, energy
transition, and green energy projects.
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