Azerbaijan’s burgeoning oil and gas sector accounts for a huge share in the country’s GDP.

Azerbaijan and Russia cooperate in a number of spheres with energy cooperation being one of the leading directions of this strategic partnership.

Some Armenian experts believe that the country should focus on the development of solar generation and forget about wind power. Another part of experts argue that desertification of nearby territories and the inability of people, animals and birds to live in such places are a reason to reject solar energy.

Japan has contributed to the development of oil sector in Azerbaijan, and presently intends to develop cooperation with Azerbaijan in alternative energy.

Development of alternative energy sources ensures energy security as well as sustainable development in the country and high living standards.

Azerbaijan consistently holds negotiations with foreign companies and investors to implement major projects for the further development of alternative energy sector.

Today, Azerbaijan eyes to attract foreign investors for the implementation of huge projects in renewable energy sector to reduce dependence on exhaustible oil and gas.

The Senate of Uzbekistan approved a law at a plenary meeting on Friday that provides a number of benefits for producers and consumers of renewable energy sources, Trend reports with reference to the Senate Information Center.

Today, BP and Azerbaijani Energy Ministry signed Memorandum of Understanding aimed at joint study of the potential opportunities for the development of renewable energy in Azerbaijan.

Uzbekistan, which has long been striving to use its solar energy potential, may finally reach its dream and construct a solar power plant.