NEWS

Azerbaijan’s breakthrough: from hydrocarbons to green energy

MARCH 18, 2022

Azerbaijan, worldwide recognized country as a reliable supplier of oil and gas, has been implementing grandiose projects in the sphere of alternative energy in recent years in accordance with global initiatives for the transition to green energy.

Azerbaijan started this year with breakthroughs. The country has already laid the foundations of two large facilities for the generation of electricity from renewable energy sources.

The ceremony of laying the foundation of the Khizi-Absheron Wind Power Plant, which will be built by UAE’s ACWA Power Company, took place on January 13. The plant will have an installed capacity of 240 MW, will provide electricity to 300,000 households, 220 million cubic meters of gas will be saved at the same time and it will be possible to reduce emissions of 400,000 tons of carbon dioxide into the atmosphere during the year.

The foundation for the Garadagh Solar Power Plant with an installed capacity of 230 MW was laid on March 15, which will be built by UAE’s Masdar. The Garadagh Solar Power Plant will generate 500 million kilowatts per hour of electricity per year, which will reduce gas consumption by 110 million cubic meters and prevent harmful emissions of 200,000 tons into the environment.

Azerbaijan also intends to implement a number of similar projects together with the private sector until 2030, as this also allows for a high potential in the use of renewable energy.

The potential of economically viable and technically suitable renewable energy sources in Azerbaijan is 27,000 MW, including 3,000 MW in the sphere of wind energy, 23,000 MW in solar energy, 380 megawatts in biomass energy and 520 megawatts in mountain river energy.

The total installed capacity of electricity production in Azerbaijan is 7,542 MW and the capacity of power plants based on renewable energy sources is 1,304 megawatts, including large hydroelectric power plants.

Another important project in this area is the construction of a solar power plant in Jabrayil district by British Petroleum (BP), which currently is at the research stage.

The Ministry of Energy of Azerbaijan and BP signed an executive agreement on cooperation in the evaluation and implementation of a project for the construction of a solar power plant with an installed capacity of 240 MW in the Zangilan/Jabrayil district in June 2021.

https://www.azernews.az/oil_and_gas/190831.html