“Investing in renewable energy, in particular, given the great potential of this industry, was our moral obligation. We have already evaluated the potential of branches of renewable energy in Azerbaijan. So, the Caspian potential in the Azerbaijani sector is 157 gigavatts.” This was stated by President of Azerbaijan Ilham Aliyev, answering questions on Friday, September 2, at the 48th International Forum of Chernobbio in Italy.
According to the head of state, in the liberated territories – Karabakh and Zangesure – the potential of chickenpox, solar and hydropower stations exceeds 10 gigavatts.
“Today we are already at the stage of development of this important potential. I can tell you that the three leading companies from Saudi Arabia, the United Arab Emirates and the United Kingdom are already investing, they will continue investments in three energy stations subject to update. General capacity. General capacity these stations exceeds 700 megavatts. This will help us in the extraction of additional gas for export, which will strengthen our export potential, ”said the President of Azerbaijan.
Ilham Aliyev also emphasized that today it is discussed how Azerbaijan will transport electricity to Europe.
“According to the existing line through Georgia, Turkey, Bulgaria or on the new line? Or maybe according to the Zangesur corridor, which has a wide energy supply potential? These are three stages of our energy plans. They will cover not only Europe, but and wider geography. We will try to do everything possible to meet the needs of our partners. It is clear that energy security is national security. After the start of the war in Ukraine, this is understandable than ever, ”the head of state summed up.