“In parallel with this, according to the memorandums of intent signed with two of the world’s leading companies, the construction of solar and wind power plants with a capacity of up to 22,000 megawatts is planned in Azerbaijan. It is a matter of the future to decide whether all of these 22,000 megawatts will be fully implemented, or whether only a half or 30 percent of this volume will be implemented. However, I think that at least half of this volume is completely feasible, very feasible. The main issue is its future fate – how will it be transmitted? Because we need to expand our existing transmission lines,” said President Ilham Aliyev as he was interviewed by local TV channels.
“I am going back to the Zangezur corridor. In our opinion, electricity should be transmitted through that corridor as well. It is for this purpose that we are building a large receiving and converting station in Jabrayil district. If this project is realized, then a station should be built on the border between Nakhchivan and Turkiye. At the same time, transmission opportunities in Turkiye should also be expanded. Because it is not designed to take in that much energy. So this is a very global project, and it can be fully realized,” the head of state noted.
“Because the companies investing billions of dollars in Azerbaijan today have certainly calculated everything. They are sure that this energy will be consumed both in Azerbaijan – the current economic situation in Azerbaijan is such that they are satisfied – and there will also be opportunities for export,” the President emphasized.