US ready to support development of alternative energy in Azerbaijan (UPDATE)

Business Materials 22 April 2016 15:01 (UTC +04:00)

Details added (first version posted on 11:11)

Baku, Azerbaijan, Apr. 22

By Anvar Mammadov - Trend:

The US is ready to support Azerbaijan in the development of alternative energy, Tom Weirich, senior vice president of the American Council on Renewable Energy (ACORE), told reporters Apr. 22 in Baku.

The long-term cooperation in this field will be beneficial for both the US and Azerbaijan, said Weirich.

Weirich, who participated in the conference titled "Energy, renewable sources and stability", noted the importance of such meetings for the exchange of experience in the sphere of alternative and renewable energy.

"Such meetings allow not only discussing the problems and prospects of this sphere's development, but also exchanging experience, making some revolutionary solutions in the field of alternative energy together with our colleagues, including in Azerbaijan," said Weirich.

He added that this sphere's development will allow opening many new jobs for the next generation of the Azerbaijani engineers, as well as plenty of opportunities in other directions.

Currently, the capacity of Azerbaijan's energy system is 7,200 megawatts.

The total potential of Azerbaijan's alternative and renewable energy sources exceeds 12,000 megawatts.

The major part of the country's capacity in this field accounts for the solar energy and this potential is estimated at 5,000 megawatts.

About 4,500 megawatts account for wind energy, 1,500 megawatts - for biomass, 800 megawatts - for geothermal energy, while the remaining 350 megawatts - for the potential of small hydro power plants (HPP).

Edited by SI


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