BAKU, Azerbaijan, March 16
Trend:
Work is underway to prepare a roadmap to explore the potential of offshore wind energy in Azerbaijan within the framework of cooperation with the International Finance Corporation (IFC), Director of the State Agency for Renewable Energy Sources under the Ministry of Energy of Azerbaijan Tabriz Ammayev told reporters during a media tour to Garadagh, Trend reports.
According to him, work is underway to sign agreements with a number of private companies for cooperation in this direction.
"Memorandum of understanding was signed with UAE’s Masdar on cooperation in the sphere of integrated renewable energy at sea March 15," Ammayev said.
It is planned to carry out research work in the field of production and export of electricity, also further development of Azerbaijan's offshore wind energy within the framework of this memorandum, the head of the agency said.