Baku, Azerbaijan, Dec. 4
By Sara Israfilbayova– Trend:
The work is underway to prepare the appropriate regulatory framework for the development of alternative energy in Azerbaijan, Deputy Chairman of the State Agency on Alternative and Renewable Energy Sources of Azerbaijan Jamil Malikov told Trend.
Malikov said that Azerbaijan’s Energy Ministry is working on this together with foreign experts.
“After confirming the legislative base, tenders will be announced for the implementation of projects that are included in the relevant list of the Strategic Development Road Map,” he noted. “The task of our agency is to prepare technical issues related to these projects: at which land plots, at which capacity these projects will be implemented and other issues.”
He added that according to the strategic map, 420 megawatts of capacity should be installed.
He said that the relevant preparatory work is being carried out for the implementation of the projects related to these capacities.
Azerbaijan is currently taking serious steps to develop alternative energy. To this end, negotiations are underway with foreign companies and investors, including companies from China, the UAE, the US and the EU.
Most of Azerbaijan's potential in this sector comes from the solar energy and this potential is estimated at 5,000 megawatts.
Wind power accounts for 4,500 megawatts, biomass for 1,500 megawatts, geothermal energy for 800 megawatts, and the remaining 350 megawatts account for small hydropower plants.
The potential of renewable energy sources in Azerbaijan exceeds 25,300 megawatts, which will allow generating 62.8 billion kilowatt hours of electricity annually.
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