Hungary intends to partner up with Azerbaijan on renewable energy projects

    ECONOMICS  28 November 2022 - 10:54

    The transition to renewable energy is a priority and an important task for both Azerbaijan and Hungary.

    Tamás Torma, the Hungarian Ambassador to Azerbaijan, emphasized this during an interview with Trend.

    "We already have dynamic bilateral cooperations in the field of energy, and our goal is to expand it to include renewable sources of energy. Since February 2020, our countries have been working on energy issues. Here we will focus, among others, on areas such as green solutions, energy efficiency and water management, where Hungarian companies offer innovative technologies and know-how that we are willing to share", the ambassador said.

    Torma noted that reconstruction projects in the liberated territories of Azerbaijan also open up great opportunities for cooperation in the field of renewable energy.

    He further added, that "Naturally, in the light of today’s energy crisis in Europe, the importance of investing in 'green' energy and energy efficiency in Hungary has increased even further. Among other measures and plans, Foreign and Trade Minister Péter Szijjártó recently announced that Hungary would join a project to supply 'green' electricity from Azerbaijan to Georgia and Romania".

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