• $
  • £

Azerbaijan has ambitious plan to export 1 GW of green energy via Türkiye

Azerbaijan has ambitious plan to export 1 GW of green energy via Türkiye
15.11.2024 13:33
Azerbaijan has an ambitious plan to export approximately 1 gigawatt (GW) of renewable energy through Türkiye, as part of its third green corridor project, said Rana Humbatova, Deputy Director of the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy.

She made the remark during the event themed "Investing in Renewable Energy: Pathways to a Sustainable Future," held as a part of COP29.

According to Humbatova, Azerbaijan boasts a vast renewable energy potential, both on land and at sea. The government has been conducting extensive research to assess this potential, with findings indicating a technical potential of 135 GW on land and an impressive 157 GW in the Caspian Sea.

She added that currently, the country's renewable energy potential, specifically in solar and wind power, stands at 27 GW on land and 157 GW on the Caspian shelf. Of course, it can be expanded.

"We have already conducted mini measurements at sea, and so far, Azerbaijan's economic power at sea is around 38 GW," Humbatova stated. "To create demand, we need to improve our regulations and legislative framework."

www.anews.az
Similar news
Similar news
Europe to receive 80% of LNG from U.S. by 2028
World 17:00
Europe to receive 80% of LNG from U.S. by 2028
U.S. operation against Iran drives sharp rise in food prices
World 16:00
U.S. operation against Iran drives sharp rise in food prices
Turkey completes preparations to launch direct trade with Armenia
World 12:25
Turkey completes preparations to launch direct trade with Armenia
Spain calls for creation of joint EU army
World 11:30
Spain calls for creation of joint EU army
Russia says it downed 286 Ukrainian drones overnight
World 10:57
Russia says it downed 286 Ukrainian drones overnight
Russia to continue developing ties with Armenia
World 15:00
Russia to continue developing ties with Armenia
Russian southern airports shut after Ukrainian drone attack
World 14:30
Russian southern airports shut after Ukrainian drone attack
Russia and Ukraine accuse each other of violating Moscow-declared ceasefire
World 11:01
Russia and Ukraine accuse each other of violating Moscow-declared ceasefire
Iran says it launched missile strike on U.S. forces in Strait of Hormuz
World 10:30
Iran says it launched missile strike on U.S. forces in Strait of Hormuz
Anews TV

Our official Youtube channel

Subscribe