Azerbaijan aims to implement ambitious mega-projects that increase renewable energy potential both nationally and internationally, in line with development priorities as a green growth country and supplier of green electricity and green gases by 2030, Azerbaijani Energy Minister Parviz Shahbazov said at the “Ministerial Dialogue: Expanding investments to triple renewable energy use and double energy efficiency” event held on the sidelines of COP29, Report informs.
According to the minister, in a few hours, the foundation of a 240 MW solar power plant will be laid in the green energy zone – East Zangazur with BP: “This station will make a significant contribution to the decarbonization of Sangachal, one of the world’s largest oil and gas terminals. Overall, 2,250 MW of solar and wind power plants to be commissioned by 2030 will increase the share of renewable energy in installed capacity to 35.5%. This is not just an update of our 30% target, but also means more than a 7-fold increase in the share of solar and wind energy in our energy system.”
