Azerbaijani President Ilham Aliyev spoke about the huge energy potential of the liberated from occupation, which promises broad prospects for the implementation of “green energy” projects.
“The huge energy potential of the historical lands liberated from occupation heralds broad prospects for the implementation of successful green energy and energy security projects in the region. According to the data, solar and wind energy production in Karabakh and eastern Zangezur can reach approximately 9-10 thousand megawatts. For these purposes , together with leading world companies, conceptual projects for the green energy zone in Karabakh and east of Zangezur have already been developed, and the creation of a unique concept of the green energy zone, consisting of modern renewable energy sources, continues. Baku, besides the huge reserves of natural gas, our potential in the field of renewable energy sources heralds important opportunities to become a “green growth” country.
According to the head of state, Azerbaijan, which has a special position in the development of the world oil and energy industry, is also implementing large-scale investment projects in various countries: “Today, the status of our country as a reliable partner in the international arena is further strengthened. We We adequately fulfill our obligations, and also create favorable conditions for foreign investors.”
We must further expand our cooperation with the aim of energy security, diversification and acceleration of the transition to green energy in the region. “In the future, the introduction of new technologies and digital solutions in this field should become a priority for successfully solving problems in the field of energy security,” the head of state said.
In this regard, President Ilham Aliyev recalled that Azerbaijan has long been hosting important world events of this kind: “I believe that, thanks to its many years of experience, your exhibition and forum with meaningful reports on topical issues, discussions and exchange of views in an atmosphere of mutual understanding will open new horizons to our broad economic relations and will contribute to a fruitful cooperation.”