"Currently, the development of renewable energy is in the spotlight of the whole world, including Russia and Azerbaijan, Minister of Energy Parviz Shahbazov told Russia's Neftegazovaya Vertikal magazine, Report informs.
According to him, Azerbaijan has adopted a law "On the use of renewable energy sources in electricity production" this year: "We are planning to hold auctions in this field in the near future and would like to see Russian companies in these auctions."
The minister also noted that a law "On the Efficient Use of Energy Resources and Energy Efficiency" has been adopted recently: "We'll expand our activity in this direction. To my mind, we can cooperate in this field too. Generally, I don't see any hindrance to energy cooperation between the two countries, and I hope that our relations will strengthen."