Azerbaijan, EBRD evaluates first renewable energy auction

The European Energy Group of the European Bank for Reconstruction and Development (EBRD) and Azerbaijan evaluated the first renewable energy auction and other projects to be held on the eve of COP29, Azernews reports, citing the post shared by Azerbaijan's Energy Minister Parviz Shahbazov on his official "X" account.

The energy minister, on a visit to Abu Dhabi, met with Grzegorz Zielinski, director of the EBRD's European Energy Group.

"In a meeting with Grzegorz Zieli?ski, Director, Head of Energy Europe, for the EBRD in Abu Dhabi, we discussed the activities of the Energy Efficiency Fund, the implementation of pilot projects in the field of energy efficiency, the Azerbaijan (Nakhchivan)-Turkiye-Europe energy line, the Caspian-Black Sea-Europe green energy corridor, the connection of 1 GW solar-wind energy projects to the grid, and cooperation on energy system modernization. We evaluated the first renewable energy auction and other projects to be implemented on the eve of COP29," said P. Shahbazov.

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