BAKU, Azerbaijan, January 13
Trend:
We have specific plans to build solar and wind power plants, 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.
“Azerbaijan fully meets domestic demand, and at the same time exports electricity to all neighboring countries. High-voltage power lines connecting us with neighboring countries allow us the opportunity to build new lines if necessary. Because the demand for electricity is growing in countries of the region and, at the same time, in Europe. Some countries have decided to close nuclear power plants, and we are also observing the closure of coal-fired power plants. At the same time, the Green Agenda, which is almost at the forefront of the global agenda, has been approved, and we, in turn, declared the liberated territories, an area of 10,000 square kilometers, a “green energy” zone. Several hydropower plants have already been built and are operating. We have specific plans to build solar and wind power plants,” the Azerbaijani president said.
“In short, 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.