Green energy, the promising sector of the future, gradually gaining momentum in Azerbaijan’s agenda. As is known, Baku kicked off the initiative to supply 30 percent of its electricity from renewable sources and to export 4 GW of energy to Europe through the cables passing the Black Sea by 2030. Regarding the issue, 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” was signed in Bucharest on December 17, 2022.
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