BAKU, Azerbaijan, Feb.3
By Leman Zeynalova – Trend:
Bulgaria and Azerbaijan may cooperate within PV projects in the future, Bulgaria’s Minister of energy Alexander Nikolov said in an exclusive interview with Trend.
“Bulgaria is leader in PV Projects especially in the construction area. Local companies have successfully expanded in the EU and globally. I believe that we will be able to cooperate with the Azerbaijani side in this direction as well. Projects in the field of hydrogen as an alternative energy source, as well as the development of energy storage opportunities are key in terms of energy transformation and the implementation of our decarbonisation targets. The Bulgarian side is actively working in this direction and such projects are included in the Bulgarian Recovery and Resilience Plan, which is to be approved by the European Commission. I am confident that in the future implementation of such projects our cooperation with the Azerbaijani side will be useful and significant,” said the minister.
Nikolov noted that Bulgaria as a member state of the EU can reinforce its cooperation with Azerbaijan in the framework of the Eastern Partnership.
“One of the four main areas of cooperation under the Partnership Priorities between the EU and Azerbaijan is connectivity, energy efficiency, environment and climate action. Building on the successful cooperation on energy connectivity and the significant progress made on the Southern Gas Corridor, this includes support for Azerbaijan's ability to operate as a trade, logistics and transport hub, regulatory assistance, sustainable management of resources. Negotiations on a new and upgraded framework agreement designed to reflect the enhanced and mutually beneficial EU-Azerbaijan cooperation in a wide range of areas, strengthen policy dialogue in key sectors and boost trade are at an advanced stage,” he added.
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