Today.Az » Business » Azerbaijan directs $90 million to alternative energy sector
02 April 2012 [20:08] - Today.Az
Azerbaijan is one of the few countries with a national strategy for alternative energy development, State Agency for Alternative and Renewable Energy Director Akim Badalov said at a meeting of the Parliamentary Assembly EURONEST on Energy Security in Baku on Monday.
Badalov said Azerbaijan is known worldwide as oil and gas country, but also has a large resource of alternative and renewable energy.
Azerbaijan allocated 70 million manat to the development of alternative energy up to the present day. A polygon in Gobustan was created as part of this activity. "There is a plan to fully provide Gobustan with alternative energy" Badalov said.
/Trend/
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