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Renewable energy in spotlight at Baku event

7 September 2010 23:00 (UTC+04:00)
Renewable energy in spotlight at Baku event

BAKU – The first Caucasus forum on renewable sources of energy started in Baku on Tuesday.

The two-day forum focuses on relevant legislation in the regional countries, sources of funding for investment projects, climatic conditions in the Caucasus that are favorable for the development of the renewable energy industry, eco-business and environmentally friendly technologies.

Ambassador Roland Kobia, head of the EU Delegation to Azerbaijan, in his opening remarks, stressed the importance of developing the renewable energy sector amid economic diversification and ongoing efforts to counter climate change. He noted that the advantage of using such sources of energy is avoiding environmental pollution and opening new jobs.

"Relations between Azerbaijan and the European Union in the energy sector are increasingly strengthening. We are delighted that Azerbaijan is taking interest in the development of the renewable energy sector. A lot of work is ahead in this area."

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