BAKU, Azerbaijan, Dec. 21
By Khagan Isayev - Trend:
The share of renewable energy sources (RES) in the total production capacity in Azerbaijan is planned to be increased from 17 to 24 percent in 2025 and to 30 percent in 2030, Energy Minister Parviz Shahbazov said at a conference entitled "Model of Azerbaijan's development: yesterday, today and tomorrow," Trend reports.
According to Shahbazov, in order to achieve the increase, it’s envisaged to commission 1,500 megawatts of capacities in the field of alternative energy sources, and plants with a capacity of 470 megawatts are already being operated within the framework of pilot projects.
Expected putting of the renewable energy projects up for auction next year and using the potential of Caspian wind energy provide an opportunity to build the "green energy" future together with investors, added the minister.