Measurement and observation works are currently underway to assess the wind energy potential in Azerbaijan’s sector of the Caspian Sea, with efforts continuing to designate relevant maritime areas as renewable energy zones, Azerbaijani Energy Minister Parviz Shahbazov said.
In an article titled 'Azerbaijan Becomes a Regional Energy Hub', published in the Azerbaijan newspaper, he noted that over 4 gigawatts of the planned 6 GW capacity are expected to be exported in phases from 2032 through the 'Caspian-Black Sea-Europe Green Energy Corridor'.
The project aims to connect Europe with both shores of the Black Sea and the Caspian region in terms of energy and digital communication.
The next step is the pursuit of PCI/PMI (Projects of Common Interest/Mutual Interest) status.