In quarter 1. 2016 Azerbaijan generated 4.5 million kwh of power from alternative sources, a source from the Azerbaijan State Statistical Committee told Turan.
Generation of power from alternative sources increased by 2 million KWh or by 180% against the same period last year.
The Statistical Committee said that from January to March 2016 generation of wind power totaled 3.4 million KWh (2.2 million Kwh in quarter 1, 2015) and solar power – 1.1 million KWh (0.3 million KWh).
In quarter 1, 2016 Azerbaijan generated 5,976,200,000 KWh power (tank power totaled 5,709,600,000 kwh). Only 6.5% of power generation fell to the hydraulic power stations. Share of alternative power in generation of tank “electricity” constituted only 0.078%.
Azerbaijan has committed itself that in 2020 it will increase power generation from alternative sources up to 20% in total volume of power generation.---0—
Economics
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Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
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