BAKU, Azerbaijan, May 31. Azerbaijan will be able to transport at least 4GW of green energy to Europe, President of the Republic of Azerbaijan Ilham Aliyev said in the appeal to the participants of the Baku Energy Week, Trend reports.
"There was also an important event last December in the area of green energy in Bucharest. Several countries including Azerbaijan, Georgia, Hungary, Romania as well as the President of the European Commission attended the ceremony. An agreement on green energy and transmission was signed. I'm sure, it will a global project and attract more countries and companies. We already held the first meeting of the steering committee. We came to an agreement that it will be integrated project from offshore winds in the Azerbaijani sector of the Caspian Sea to European markets, including transmission lines and subsea cable under the Black Sea.
We are now in the phase of expectation of finalization of feasibility study. We think that this project can transport a minimum of 4 gigawatts of green energy to Europe, which will be our additional contribution," President Ilham Aliyev said.