BAKU, Azerbaijan, February 25. Azerbaijan
stands out as a country with significant potential in the field of
renewable energy sources, said member of the Milli Majlis
(Parliament) of Azerbaijan Sevinj Huseynova, Trend reports.
“Today, Azerbaijan has emerged as a pivotal contributor to
Europe’s energy security, alongside numerous other nations.
Furthermore, Azerbaijan has consistently prioritized the
development of renewable energy sources. Within this framework, the
Caspian Sea presents vast potential, with the Azerbaijani sector
alone boasting a capacity of 150,000 MW. Moreover, experts hold
high regard for the potential of recently liberated territories,
notably Kalbajar and Lachin, emphasizing solar and wind energy
initiatives. Plans are underway to establish over 10 hydroelectric
power plants in Karabakh,” the MP said.
She highlighted the adoption of pertinent laws and normative
legal measures aimed at advancing the realm of renewable energy
sources within the country, enhancing legislation, and refining the
institutional framework in this domain.
“The approval of the document “Azerbaijan 2030: National
Priorities for Socio-Economic Development” signals a commitment to
prioritizing renewable energy sources and the expansion of ‘green’
technologies in alignment with the country’s socio-economic
development goals for both the present and future. Through
extensive efforts in this domain and bolstered international
standing, Azerbaijan has been selected to host COP29. I am
confident that Azerbaijan will continue to excel in this direction,
achieving even greater success in the future,” Huseynova added.
The decision to hold COP29 in Azerbaijan was officially
announced in Dubai on December 11, 2023, enabling Azerbaijan to
host the above event in November.
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