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Azerbaijan developing solar energy projects

Oil&Gas Materials 21 November 2013 17:28 (UTC +04:00)
It is planned that the “1,000 houses, 1,000 power plants” project will be completed in 2015”.

Baku, Azerbaijan, Nov. 21
By Emil Ismayilov- Trend:

It is planned that the "1,000 houses, 1,000 power plants" project will be completed in 2015" the State Agency for Alternative and Renewable Energy Sources told Trend on Nov.21.

The state agency said that in addition, in order to develop the use of solar energy, it is planned to complete a project for the installation of solar photovoltaic modules in 2015 as part of the development of the lighting system of buildings, roads and parks with a total capacity of one megawatt.

The solar energy potential in Azerbaijan is 5,000 megawatts. The wind energy potential in the republic is 4,500 megawatts, biomass - 1,500 megawatts, geothermal and geothermic energy - 800 megawatts, small hydro power plants - 350 megawatts.

Alternative sources have been significantly developed in Azerbaijan in recent years. Particularly, a draft national strategy for development of alternative and renewable energy sources by 2020 has been worked out as part of alternative energy development in the country and is currently under negotiation.

Over $500 million was invested in the development of alternative and renewable energy sources in Azerbaijan from 2010 to 2013.

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