President Ilham Aliyev Unveils Ambitious Plans for Azerbaijan

Azerbaijan intends to employ renewable energy sources to the fullest extent possible. It was spilled by President Aliyev, who also highlighted the Caspian Sea's considerable potential.

Hey, have you heard about Azerbaijan recently? They're making massive investments in renewable energy! President Ilham Aliyev revealed the details to Euronews, and it's very cool.

Okay, so they have the Caspian Sea, right? It turns out to be a massive energy jackpot, with approximately 157 gigawatts of capacity! And, guess what? Azerbaijan is investing heavily in renewables over the next ten years, reducing its reliance on natural gas at home.

President Aliyev is ecstatic, declaring 2024 the "Green World Solidarity Year." They even opened this gigantic solar power plant last October, and they're dreaming even bigger, aiming to generate 5 gigawatts of solar and wind energy by 2030. They've obtained some aid from Masdar and ACWA Power.

And here's the thing: they're acting wisely! To ensure responsible energy use, they are creating an Energy Efficiency Fund. Imagine a Black Sea cable connecting wind farms in the Caspian Sea to Europe. It resembles traveling by car with electricity generated by the wind!

The coolest part is Azerbaijan is planning a massive climate summit celebration in 2024. They predict a large assembly of over 70-80 thousand individuals from all over the world to discuss how to save the earth.

Azerbaijan has been working on climate issues for quite some time, having joined the Kyoto Protocol in 2000 and signing the Paris Agreement in 2016. They are now on a mission to reduce greenhouse gas emissions, with a target of 35% by 2030 and 40% by 2050.

To put it briefly, Azerbaijan is making a stylish transition to a greener economy.

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President Ilham Aliyev gives interview to Euronews, Baku, Azerbaijan, March 2, 2024 / President.Az