BAKU, Azerbaijan, September 25. Azerbaijan's PASHA Bank is considering financing initiatives in the field of renewable energy, Deputy Chairman of PASHA Bank board, Bahruz Naghiyev, said at a press conference on the results of the first half of 2024 in Baku today, Trend reports.
"We are currently working on several renewable energy projects with a total value of around $70 million. These projects involve the construction of solar and wind power plants in Karabakh and Nakhchivan. We expect to complete several processes and hope to finance at least one of these projects by the end of 2024," he said.