Azerbaijan Set To Start Construction Of Solar Panel Factory

(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 11. Construction of a solar panel manufacturing plant is set to begin in the coming weeks within the Alat Free Economic Zone (FEZ) in Azerbaijan, Chairman of the Board of the Alat Free Economic Zone Authority, Valeh Alasgarov, said, Trend 's correspondent at the event reports.

He made the announcement at the event“Technovation – Science and Innovation for Sustainable Economic Transformation,” organized by the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) in Baku.

Alasgarov stated that the construction of the solar panel factory will be carried out in partnership with a Chinese company.

According to him, in the first phase, the plant will produce about 3 GW of solar panels per year, and in the future, the capacity is planned to be increased to 10 GW.

“The implementation of the project is expected to reduce the cost of solar energy and expand access to renewable sources. At the same time, the development of local production of wind energy components, specifically turbine blades and towers, is being discussed,” he said.

Alasgarov emphasized that large wind turbine components are difficult and expensive to transport from China and Europe, making local production economically viable. According to him, without solutions for electricity storage, it is impossible to effectively integrate large volumes of wind and solar generation into the power grid.

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