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World's major companies interested in Azerbaijan's renewable energy potential - President Aliyev

Politics 13 January 2022 13:50 (UTC +04:00)
World's major companies interested in Azerbaijan's renewable energy potential - President Aliyev

BAKU, Azerbaijan, January 13

Trend:

The world's major companies are interested in Azerbaijan's renewable energy potential, President of the Republic of Azerbaijan Ilham Aliyev said addressing the groundbreaking ceremony for the 240-megawatt “Khizi-Absheron” Wind Power Plant to be built in Azerbaijan by ACWA Power of the Kingdom of Saudi Arabia, Trend reports.

“The creation of this wind farm is a very important and significant project in many ways. This is a wonderful indicator. It is also a signal for other potential investors to take further steps without wasting time. I must also say that the world's major companies are interested in Azerbaijan's renewable energy potential. At present, the Ministry of Energy of Azerbaijan is in talks with several leading companies of the world, and I repeat, there is a combination of different factors involved. There is a positive opinion about the stability, peace and development of our country in the world, i.e. there are ideas that reflect the truth, the predictability of our policy and at the same time, strong industrial potential, economic independence, energy security and trained personnel. In other words, these are the main factors. These factors are of great importance for any investor,” the head of state said.

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