Baku, Azerbaijan, Aug. 31
By Elena Kosolapova – Trend:
The potential of renewable energy sources in Azerbaijan exceeds 25,400 megawatts, Vice President of the State Agency on Alternative and Renewable Energy Sources of Azerbaijan Nurali Yusifbayli said.
He made the remarks at the First International Association for Energy Economics (IAEE) Eurasian Conference being held in Baku, Azerbaijan, Aug. 31.
The potential of solar energy in Azerbaijan accounts to over 8,000 megawatts, wind power -15,000 megawatts, bioenergy - 900 megawatts, geothermal energy - 800 megawatts, small hydropower plants - 700 megawatts.
Renewable energy development in Azerbaijan is a part of the state policy for innovation development, according to him.
Among the major ongoing projects on development of the renewable energy, Yusifbayli mentioned ‘Yeni Yashma’ with a capacity of 50 megawatts in Azerbaijan’s Khizi district, the wind farm ‘Wind Island – 1’ with capacity of 198 megawatts, the wind farm ‘Absheron’ with capacity of 80 megawatts and a power plant running on bio-resources with capacity 16 megawatts.
It is planned to build up to 100 facilities for alternative energy in Azerbaijan during five years.
The State Agency on Alternative and Renewable Energy Sources of Azerbaijan was created by the decree of the country’s president dated February 1, 2013.
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