Baku, Azerbaijan, Sep. 21
By Ilkin Shafiyev – Trend:
There are plans to complete the work on creation of the first floating solar power plant in Azerbaijan by March 2021, Azerbaijan’s Energy Ministry told Trend.
It is planned to start implementing the project on the power plant’s creation in the near future, the ministry noted.
The project envisages the installation of three 100-kilowatt photovoltaic systems on Lake Boyukshor, as well as the establishment of business models, in order to encourage private sector participation in this area and conduct appropriate training.
Earlier it was reported that the cost of creating the first floating solar power plant in Azerbaijan is $100,000-$200,000.
The Asian Development Bank (ADB) allocated $3 million of technical assistance for the development of solar energy in Azerbaijan, Kyrgyzstan and Afghanistan.
The Floating Solar Energy Development project was approved by ADB Board of Directors on August 17, 2018. It involves technical assistance for the creation of floating solar plants in the three countries. ADB experts are sure that this will contribute to the diversification of energy sources, increase energy security and reduce harmful emissions.
The power capacity of Azerbaijan’s energy system is more than 6,000 megawatts. At the same time, the potential of renewable energy sources in the country is over 25,300 megavolts-amperes, according to experts.
The State Agency on Alternative and Renewable Energy Sources of Azerbaijan plans to implement 23 projects worth about 13 million manats as part of the Strategic Roadmap for the Development of Public Utilities (Electric and Thermal Energy, Water and Gas) in 2018-2020.
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