BAKU, Azerbaijan, June 1. The green energy
corridor project between Azerbaijan and Bulgaria is an important
initiative for the participating countries, Bulgarian Deputy Energy
Minister Kiril Temelkov told Trend on the sidelines of the 31st Baku Energy
Forum.
"Regarding the green energy corridor, it is a very good
initiative for our countries. We are currently working on a
feasibility study for the project. We are assessing the routes,
capacity, and economic viability of the project. We believe that by
next year we will have a clear understanding of how this project
can be implemented and how it will develop in the future," he
said.
On April 4, 2025, a Memorandum of Understanding on Cooperation
in the Transmission and Trade of Green Electricity was signed
between the Ministry of Energy of Azerbaijan, the Ministry of
Economy and Sustainable Development of Georgia, the Ministry of
Energy and Natural Resources of Türkiye, and the Ministry of Energy
of Bulgaria.
The document aims to develop regional renewable energy
transmission infrastructure and expand cross-border trade in green
electricity among the countries of the South Caucasus, Türkiye, and
the European Union.
In May, the third ministerial meeting on the
Azerbaijan-Georgia-Türkiye-Bulgaria Green Energy Corridor project
took place in Istanbul. Following the meeting, the parties agreed
to prepare a roadmap that will include measures to accelerate the
project's implementation.
Bulgaria also intends to join the Black Sea submarine energy
cable project.
