BAKU, Azerbaijan, June 2. The EUwelcomes Azerbaijan's plans on offshore wind and solar, and we stand ready to continue working together to underpin the massive renewable potential of Azerbaijan, said Cristina Lobillo Borrero, Director of the Energy Platform Task Force, Directorate-General for Energy, European Commission, as she addresses the opening ceremony of the Baku Energy Week, Trend reports.
"Azerbaijan is a reliable partner in this new chapter. But the journey is not over. On 6th May, the European Commission unveiled our new REPowerEU roadmap, which lays out how we will phase out Russian energy sources entirely.
Azerbaijani gas through the Southern Gas Corridor, including the planned increase in the Trans-Adriatic Pipeline capacity by 2026, is a critical part of this effort. But our partnership is not only about gas. It's about building the energy system of tomorrow," she said.
Borrero noted that this means investments in renewable electricity, hydrogen, and integrated energy systems.
"Azerbaijan has the potential and the aspiration to become a key producer of renewable energy. We welcome your plans on offshore wind and solar, and we stand ready to continue working together to underpin the massive renewable potential of Azerbaijan. Our cooperation reflects this shift toward greater proximity. With Azerbaijan, we want to co-invest, co-develop, and co-deliver. And here, the European private sector is a powerful partner," she added.
Borrero stated that European companies are global leaders in clean technologies, including the production of electrolysers, smart grids, wind turbines, and energy storage systems.
"European companies are global leaders in clean technologies, from electrolyzers to smart grids, from wind turbines to storage. The European Union's new strategic approach to the Black Sea region, launched a few days ago, provides a blueprint for stronger cooperation on energy transition and energy connectivity. The Black Sea is a pivotal gateway linking our regions. Our strategic approach to the Black Sea aims to promote increased intra-regional and inter-regional connectivity as a key enabler to accelerate the integration of renewables and ensure energy system stability and resilience. So, let us turn our shared ambition into concrete results. Let us move forward, not just as buyers and sellers, but as partners for resilience, for prosperity, and for energy security," the European Comission rep added.