BAKU, Azerbaijan, June 26. The construction of
wind and solar power plants in Azerbaijan is planned to increase
the share of installed renewable energy capacity to 38 percent over
the next five years and approximately 43 percent by 2035,
Azerbaijan鈥檚 Minister of Energy Parviz Shahbazov said, Trend reports.
He made the remark during the opening ceremony of the Shanghai
Cooperation Organization (SCO) Energy Ministers鈥 Meeting and at the
forum titled 鈥淚ndustrial Innovation as a Driving Force for
Sustainable Energy Development鈥 held in Ningbo, China.
The minister noted that the partnership with China is of
particular importance for realizing the 157 GW wind energy
potential of the Caspian Sea and the creation of green energy
corridors based on Central Asia鈥檚 renewable energy resources.
鈥淭he joint project of Azerbaijan, Kazakhstan, and Uzbekistan鈥攖he
Trans-Caspian Green Energy Corridor鈥攚hen integrated with the
Caspian鈥揃lack Sea鈥揈urope and Azerbaijan鈥揟眉rkiye鈥揈urope green energy
corridors and interconnectors, will enable the large-scale and
continuous transmission of renewable energy along the Middle
Corridor, which links Asia and Europe.
Green energy interconnectors are critical infrastructure
elements that help deliver geographically uneven and naturally
variable solar and wind energy to regions where it is needed,
support the efficient use of renewable energy, and ensure mutual
resilience between energy systems.
Within this framework, interregional integration is poised to
serve as a pivotal conduit for the transfer of green energy
originating from SCO nations to Azerbaijan, subsequently
facilitating its flow to the Turkish and European markets.
This collaboration, alongside augmenting technology dissemination
and capital infusion avenues for China, will function as a conduit
to bolster both the ‘Green Silk Road’ initiative and the energy
framework of the SCO with measurable outcomes,鈥 he elucidated.
The minister articulated his perspectives on the pivotal function
of innovation within the global energy landscape, which is
currently experiencing significant metamorphosis in reaction to
imperatives such as energy security, climate obligations, and
economic viability.
He underscored that the paradigm of Azerbaijan’s green energy
zones鈥攅ncompassing strategic initiatives to elevate the proportion
of installed renewable capacity to 38 percent within a quinquennial
framework and to roughly 43 percent by the year 2035, alongside the
deployment of offshore wind energy and interconnector ventures鈥攊s
fundamentally anchored in innovation.
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