Total investments in the Green Energy Corridor (Caspian-Black Sea-Europe Green Energy Corridor) project, which envisages the supply of renewable energy from the Caspian region to Europe, are estimated at approximately 22.1 billion euros, Green Energy Corridor Power Company (GECO) announced, APA-Economics reports.
It was stated that 14.3 billion euros of the total investments will be required for the construction of transmission infrastructure. This accounts for approximately 64.7% of the investments envisaged under the project.