Official chronicle

Official chronicle

President: Azerbaijan will be a major producer and exporter of electricity

15 March 2022 16:54 (UTC +04:00)

"In general, the existing stability in Azerbaijan, the economic development, our relations with neighboring countries, our transport, communications and close contacts with neighboring countries in terms of power lines have created a unique situation that Azerbaijan is not only a major producer of crude oil, oil products, and natural gas but also a major producer and exporter of electricity," said President of the Republic of Azerbaijan Ilham Aliyev at a groundbreaking ceremony for the 230 MW Garadagh Solar Power Plant, held in Gulustan Palace, APA reports.

I am sure that we are already seeing the manifestations of this work. We must also take into account that there is a great need for electricity in neighboring countries and on the European continent. We produce electricity only from environmentally friendly sources – natural gas, water, solar, and wind. I want to say again that the potential for renewable energy in Azerbaijan is enormous. That is why the world's leading energy companies are now very interested in cooperating with Azerbaijan in this area. I am confident that we will launch new projects in the near future.