BAKU, Azerbaijan, September 5. The Shimal-2
power plant located in Baku produced 21.1 billion kWh of
electricity from the date of its commissioning until September of
this year.


This was announced in a statement from the Ministry of
Energy.


According to the ministry, the Shimal-2 power plant was
commissioned 7 years ago, on September 5, 2019.


The installed capacity of the steam-gas power plant is 400
MW.


Azerbaijan is implementing large-scale projects aimed at
increasing electricity generation and diversifying its energy
system. The development of renewable energy sources is a key
priority of the country's energy strategy. Major investment
projects to build solar and wind power plants are currently being
implemented in Azerbaijan with bp, Masdar, ACWA Power, China
Gezhouba Group Overseas Investment, SOCAR Green, and other
partners.


As a result of these projects, thousands of megawatts of new
generation capacity are expected to be added to Azerbaijan's energy
mix in the coming years. This is expected to reduce domestic demand
for natural gas and allow more gas to be exported.


According to Energy Minister Parviz Shahbazov, the share of
renewable energy sources in Azerbaijan's energy mix is expected to
reach about 43% by 2035 as a result of these projects.







The minister said Azerbaijan is implementing strategic projects
to establish a new energy and investment platform between Central
Asia and neighboring regions. One of the key initiatives, he said,
is the Central Asia-Azerbaijan Green Energy Corridor project.


"The creation of a Trans-Caspian energy corridor that will
connect the electricity systems of Azerbaijan, Kazakhstan and
Uzbekistan is part of our countries' strategic vision," Shahbazov
said. "This project also creates broad opportunities for developing
the Middle Corridor, which will serve as a green energy bridge
between Europe, Asia and China via the Caspian Sea."


According to the minister, the Green Corridor Alliance joint
venture, based in Baku, is already operating and coordinating
feasibility studies financed by the Asian Development Bank and the
European Bank for Reconstruction and Development.


Meanwhile, intensive work is continuing on the Caspian-Black
Sea-Europe Green Energy Corridor, as well as the
Azerbaijan-Türkiye-Europe and Azerbaijan-Georgia-Türkiye-Bulgaria
energy interconnectors.


Shahbazov said green energy corridors are "shaping the
geoeconomic map of the future" and that the initiatives will not
only promote energy exports but also stimulate the development of
digital connectivity, fiber-optic infrastructure and regional
economic cooperation.