Bank Of Baku

Azerbaijani President: At least 3 gigawatt of additional transmission capacity should be created for the first phase of Azerbaijani export

Ilham Aliyev, President of Azerbaijan

© APA | Ilham Aliyev, President of Azerbaijan

# 17 December 2022 15:09 (UTC +04:00)

“At least 3 gigawatt of additional transmission capacity should be created for the first phase of Azerbaijani export,” said President Ilham Aliyev as he addressed a plenary meeting on the signing ceremony of the “Agreement on a strategic partnership in the field of green energy development and transmission between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary” in Bucharest, APA reports. 

“Thus, only one global energy company is planning to invest in creation of 10 gigawatt of green energy in Azerbaijan. Two days ago, the Ministry of Energy of Azerbaijan signed a framework agreement with another global energy company. This company is planning to invest in creation of up to 12 gigawatt of wind and solar energy in Azerbaijan. So, at least 3 gigawatt of additional transmission capacity should be created for the first phase of Azerbaijani export,” the President emphasized.

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