President: At least 3 gigawatts of additional transmission capacity should be created for first phase of Azerbaijani export

“At least 3 gigawatts of additional transmission capacity should be created for the first phase of Azerbaijani export,” President Ilham Aliyev said in his speech at the plenary meeting on the signing ceremony of the “Agreement on a strategic partnership in the field of green energy development and transmission between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary” in Bucharest, Report informs with reference to AZERTAC.

“Thus, only one global energy company is planning to invest in the creation of 10 gigawatts of green energy in Azerbaijan. Two days ago, the Ministry of Energy of Azerbaijan signed a framework agreement with another global energy company. This company is planning to invest in the creation of up to 12 gigawatts of wind and solar energy in Azerbaijan. So, at least 3 gigawatts of additional transmission capacity should be created for the first phase of Azerbaijani export,” the President emphasized.