MoUs, agreements signed by Azerbaijan with international energy companies to allow us to produce up to 22 GW of wind, solar energy - President Ilham Aliyev

MoUs and agreements signed by Azerbaijan with the international energy companies will allow us to produce up to 22 gigawatts of wind and solar energy, President of Azerbaijan Ilham Aliyev said, as he addressed the official opening ceremony of Abu Dhabi Sustainability Week held in the capital of the United Arab Emirates, Trend reports.

"With respect to our potential, just a couple of figures for your attention. 27 gigawatts of wind and solar onshore, 10 gigawatts of wind and solar energy in the territories which have been liberated during the Patriotic War of 2020, and 157 gigawatts of wind energy in the Azerbaijani sector of the Caspian Sea - almost 200 gigawatts of potential. Of course, we need to have enough export routes. And of course, to implement all these projects in stages.

Yesterday, MASDAR and Azerbaijan's national energy company SOCAR signed an agreement to develop four gigawatts wind and solar power plants in Azerbaijan, and this is only a short-term project. Mid-term projects will increase the volume up to 10 gigawatts. And this is absolutely doable. We have a roadmap for that. Only this project - our cooperation with MASDAR will transform Azerbaijan into a very important source of green energy exports.

In total, MoUs and agreements signed by Azerbaijan with the international energy companies will allow us to produce up to 22 gigawatts of wind and solar energy," President Ilham Aliyev said.