Baku, Azerbaijan, Apr.22
By Anvar Mammadov - Trend:
Azerbaijan's State Agency for Alternative and Renewable Energy Sources will sign an agreement with the US Agency for International Development (USAID).
The announcement was made by Akim Badalov, head of the State Agency for Alternative and Renewable Energy Sources during the conference on 'Energy, Renewables and Sustainability' in Baku Apr.22.
He noted that currently, negotiations are underway and the agreement will be signed soon.
"The US played a great role in developing Azerbaijan's oil sector," said Badalov. "I believe that the US experience will help us in the alternative energy sphere as well."
"It is a new sphere and we would like to receive support from the US in the process of setting prices, creating management systems and in general, ensuring transparency and development in this sphere," he added.
The total potential of Azerbaijan's alternative and renewable energy sources exceeds 12,000 megawatts. The major part of this volume - 5,000 megawatts - accounts for solar energy.
Edited by SI
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