BAKU, Azerbaijan, January 23. The selection of
a consulting company to conduct the feasibility study (FS) for the
Azerbaijan-Georgia-Türkiye-Bulgaria interconnector project will
begin soon, General Director of the Green Corridor Alliance Joint
Venture Tural Aliyev said during a roundtable event on the occasion
of the International Clean Energy Day at ADA University, Trend reports.
"The terms of reference for the interconnector are ready, and
the selection of a consultant will begin soon," Aliyev
emphasized.
On April 4, 2025, Azerbaijan, Kazakhstan, and Uzbekistan, with
the support of ADB and the Asian Infrastructure Investment Bank
(AIIB), announced the launch of the first phase of the
Trans-Caspian Green Energy Corridor initiative. As part of the
initiative, the countries signed an agreement on cooperation to
prepare a feasibility study, which includes the integration of the
three countries' energy systems and the creation of a renewable
energy supply route to Europe.
A joint venture called the Green Corridor Alliance was
established to manage the project, with its headquarters in Baku.
The feasibility study for the project is being conducted with
financial support from ADB and AIIB.
A roundtable discussion and an award ceremony of the Clean
Energy Center of the Economic Cooperation Organization (ECO) Clean
Energy Hackathon 2026 are being held in Baku on the occasion of the
International Clean Energy Day.
The event features a roundtable discussion and an award ceremony
on the topic of transition to clean energy and regional cooperation
models to accelerate the expansion of renewable energy.
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