Azerbaijan seeks ADB support for offshore wind energy development

Azerbaijan has formally requested assistance from the Asian Development Bank (ADB) to help develop offshore wind energy infrastructure, according to a senior ADB official.

Speaking at a press conference on the bank’s activities in Central and West Asia, held on the sidelines of the 59th Annual Meeting of the ADB Board of Governors in Samarkand, Sunniya Durrani-Jamal, Director of the ADB Country Office in Azerbaijan, noted that renewable energy has become an increasingly important part of Azerbaijan’s energy strategy as the country seeks to diversify its economy, Caliber.Az reports per local media. 

"This has become particularly important for us in terms of private sector development. We have already implemented three solar power projects, and now we intend to support the government in promoting wind energy. As far as I know, the potential for wind energy is currently being assessed, and we have received a request for assistance in creating offshore wind infrastructure.

At the same time, while paying attention to neighboring countries, particularly Georgia, we are also exploring the hydrogen sector. I know that the European Bank for Reconstruction and Development [EBRD] is very active in this sector in Azerbaijan, so this is another promising energy resource that could be transported via the Caspian and Black Sea cable routes," she added.

By Sabina Mammadli