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Azerbaijan eyes to hold auctions on renewable energy sources in districts

Oil&Gas Materials 21 August 2020 12:08 (UTC +04:00)
Azerbaijan eyes to hold auctions on renewable energy sources in districts

BAKU, Azerbaijan, Aug.21

By Nargiz Ismayilova - Trend:

Azerbaijan considers possibilities to implement projects in the field of renewable energy sources through auctions in 15 districts with a high potential of solar energy, as well as land allocation issues, Zamina Aliyeva, advisor to Azerbaijan’s energy minister, told Trend.

According to the advisor, by 2030, it is planned to sell about 1,000 megawatts of additional capacity through the auctions.

"To this end, studies have begun in Khizi and Absheron districts for the implementation of new projects on certain land plots. Issues of connection to the network, as well as those related to land tenure are being studied," Aliyeva said.

As Azerbaijani Deputy Energy Minister Elnur Soltanov earlier said, a total of eight promising areas for the development of renewable energy sources were selected, at three of which the wind and solar power stations will be built by ACWA Power and Masdar companies. In other areas, an auction for the construction of new power plants may take place in 2020.

The signing ceremony of executive contracts among the Azerbaijani Ministry of Energy and ACWA Power and Masdar companies for the implementation of pilot renewable energy projects was held in Baku on January 9 of this year.

The agreements were signed by Azerbaijan’s Energy Minister Parviz Shahbazov, Chairman of the Board of ACWA Power Mohammad Abunayyan and Chief Executive Officer of Masdar Mohamed Jameel Al Ramahi.

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