UK trade envoy: Azerbaijan has great wind energy potential offshore

    ECONOMICS  01 June 2023 - 11:57

    British Prime Minister's Trade Envoy to Azerbaijan Baroness Emma Nicholson has said that the country has great potential for offshore wind energy.

    "For 30 years, there has been a very strong partnership between Britain and Azerbaijan. This partnership covers all areas of the economy, with the oil and gas sector at the forefront. Great Britain, as always, has been at the forefront of green energy in Azerbaijan during these years,” APA quotes Nicholson as saying at the 28th Baku Energy Forum on June 1.

    According to her, wind energy projects are implemented in partnership with BP and other companies, and they are of vital importance.

    In general, the volume of on-land wind and solar energy resources in Azerbaijan totals more than 27 gigawatts (GW). In the Azerbaijani section of the Caspian Sea, the potential for wind energy reaches 157 GW. Baku plans to produce 3 GW of wind and 1 GW of solar energy by 2027, 80 per cent of which will be exported to neighbouring countries, such as Georgia and Iran, and onward to Europe.

    Caliber.Az

    Subscribe to our Telegram channel


Read also

PM: Azerbaijan's strategic foreign exchange reserves hit $67 billion

23 September 2023 - 18:00

Azerbaijani minister: National Oil Strategy promotes sustainable economic development PHOTO

22 September 2023 - 14:06

BP, Azerbaijani Investment Company sign deal

20 September 2023 - 19:41

"Contract of the Century": 29 years of non-stop development Azerbaijan marks glorious day of Oil Workers

20 September 2023 - 17:36

Fitch: Inflation in Azerbaijan to decline to 6 per cent

16 September 2023 - 10:37

Azerbaijan, Turkic-speaking countries discuss joint investment opportunities

15 September 2023 - 19:53
ADVERTS
Video
Latest news

    Trudeau slams Canadian parliament's standing ovation for former Nazi soldier

    26 September 2023 - 13:44

    Massive explosion occurres near Revolutionary Guard missile base in Iran

    26 September 2023 - 13:37

    Papuashvili: President can travel wherever she wants, but she does not represent Georgia

    26 September 2023 - 13:30

    WSJ: Abrams tanks unlikely to significantly alter shape of Ukraine war

    26 September 2023 - 13:23

    Presidential aide: Some Garabagh Armenians also speak Azerbaijani language

    26 September 2023 - 13:19

    Suspected arson attack severely damages mosque in southeastern Sweden

    26 September 2023 - 13:16

    ISW: Russian forces conduct unsuccessful attacks in Ukraine

    26 September 2023 - 13:09

    NYT: Finland raced to join NATO, now comes the hard part

    26 September 2023 - 13:02

    Georgia bans export, transit of cars to Russia imported from EU

    26 September 2023 - 12:55

    Azerbaijani police distribute water to Karabakh Armenians

    PHOTO/VIDEO

    26 September 2023 - 12:52

    Blogger accuses Yerevan protesters of being unconcerned about Garabagh Armenians

    26 September 2023 - 12:50

    Russian vessel requests assistance from Turkish coastguard due to engine malfunction

    26 September 2023 - 12:48

    Presidential aide: Regular contact maintained with Armenian residents of Garabagh

    26 September 2023 - 12:45

    Egypt in talks for Emirati funding to buy Kazakh wheat-traders

    26 September 2023 - 12:41

    EU Reporter: Armenian propaganda claims of genocide in Garabagh are not credible

    26 September 2023 - 12:34

    USAID chief to visit Azerbaijan

    26 September 2023 - 12:27

    Armenian media: No more panic in Pashinyan's party

    26 September 2023 - 12:20

    Armenian citizen from Garabagh: Azerbaijanis - owners of this land

    26 September 2023 - 12:15

    Rossotrudnichestvo hopes its offices remain in Armenia despite pressure from lobbies

    26 September 2023 - 12:13

    Garabagh oligarchs refuse to accommodate fellow countrymen at their facilities in Armenia

    26 September 2023 - 12:06

    Azerbaijan sends four trucks with first aid supplies, ambulance to Khankendi

    Presidential Administration's message

    26 September 2023 - 11:59

    Latvia plans to fine drivers for "I am Russian" stickers

    26 September 2023 - 11:52

    PM Pashinyan bans accommodation of Garabagh Armenians in Yerevan

    26 September 2023 - 11:45

    Yerevan police detaine over 56 protesters

    UPDATED

    26 September 2023 - 11:41

    US sends Ukraine list of necessary reforms for continued military aid

    26 September 2023 - 11:38

    Foreign journalists observe Armenians departure from Garabagh at Lachin checkpoint

    PHOTO

    26 September 2023 - 11:32

    Yerevan doctors provide assistance to Garabagh Armenians in Khankendi

    Baku opens air corridor

    26 September 2023 - 11:31

    Pro-Armenian orientalist shifts his ground, accusing Armenia of Khojaly, Sumgayit events

    26 September 2023 - 11:27

    Yoon says South Korea-US alliance to end North Korea regime in event of nuclear weapons use

    26 September 2023 - 11:24

    Azerbaijan readies hospitals for Armenians injured in petrol truck explosion

    26 September 2023 - 11:18

    German defence minister assures support on Baltic States trip

    26 September 2023 - 11:17

    Azerbaijan seizes more military equipment, weapons, ammunition in Garabagh

    List

    26 September 2023 - 11:15

    Another batch of cargo to be delivered to Khankendi via Aghdam road

    PHOTO

    26 September 2023 - 11:12

    Poland to buy nearly 100 US Apache helicopters

    26 September 2023 - 11:10

    US says Russia-North Korea cooperation threatens global peace

    26 September 2023 - 11:03

    Garabagh activists poisoning lives of ordinary Yerevan residents

    VIDEO

    26 September 2023 - 10:59

    No pressure on Garabagh Armenians by Azerbaijan, says researcher

    26 September 2023 - 10:56

    Armenia arrests volunteers’ union ex-rep on suspect of arranging PM Pashinyan’s assassination

    26 September 2023 - 10:49

    Germany to halve federal aid for refugees next year - sources

    26 September 2023 - 10:42

    Diplomat: Venezuela, Azerbaijan have favourable partnership relations

    26 September 2023 - 10:35

All news