President Ilham Aliyev today inaugurated Azerbaijan's largest power plant in Mingachevir, constructed in partnership with Italian and Chinese companies.
“Today marks another important milestone in the development of our national energy sector. The "8 November" Power Plant, with a capacity of 1,880 megawatts, is now the largest power facility in our country. This newly constructed plant will further enhance our energy potential, improve the efficiency of the power system, and solidify Mingachevir’s status as the energy hub not only of Azerbaijan but of the entire South Caucasus region. Currently, over 40 percent of our electricity is generated in Mingachevir, and all of these achievements clearly demonstrate that Azerbaijan is on the right path,” - President Ilham Aliyev stated at the inaguation ceremony today.
Mingachevir has been considered the center of Azerbaijan’s power industry since 1974, when construction of the “Azerbaijan” Thermal Power Plant began in the city. Currently, the “Azerbaijan” Thermal Power Plant has a generation capacity of 1,800 megawatts, the “8 November” Power Plant adds 1,880 megawatts, and the Hydroelectric Power Plant contributes over 400 megawatts. As a result, more than 40 percent of Azerbaijan’s electricity is produced in Mingachevir, reaffirming its role as the primary energy center not only of Azerbaijan but also of the entire South Caucasus region.
President Ilham Aliyev praised the contributions of Italian and Chinese companies for completing the construction of the plant in a short period of time.
"Italy and China are both strategic and leading trade partners of Azerbaijan. Our cooperation with Italy has been long-standing and strategic, particularly in the energy sector, including crude oil and natural gas. In recent years, we have also expanded our collaboration with China, especially in the area of renewable energy. I should highlight that much of the equipment for the new solar power plants currently under construction in Azerbaijan is being supplied by Chinese companies. This demonstrates that both nations are not only vital strategic allies but also key economic partners. As I previously mentioned, our political relations are at an exceptionally high level, and this project stands as a strong example of successful international cooperation," - Aliyev added.
He stated that Azerbaijan plans to generate 6,500 megawatts of green energy by 2030, significantly boosting its current power generation capacity of 9,000 megawatts.
President Ilham Aliyev held separate meetings with Italian and Chinese representatives. At the meeting wit Italian delegation, discussion was focused on enhancing cooperation in such areas as renewable energy, metallurgy, agriculture, pharmaceuticals, science, education, culture, and other fields. The parties also highlighted the active participation of Italian companies in the reconstruction and restoration works in Azerbaijan’s liberated territories.
Additionally, prospects for cooperation between “AzerEnergy” and “Ansaldo Energia” were discussed.
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy S...
Donald Trump’s special envoy Steve Witkoff and senior adviser Jared Kushner will travel to Islamabad on Saturday for Pakistan-mediated talks ...
Iran is pursuing a dual-track strategy in the Strait of Hormuz, balancing cooperation with South Korea while increasing military pressure, as tensi...
Around 14% of Central Asia’s population - about 12 million people - are facing food shortages, according to the United Nations. The...
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and productio...
Construction has begun on a major new solar power project in Xizang, as China continues to expand its renewable energy capacity and push towards a greener future.
France has unveiled a delayed wave of renewable energy tenders to boost energy independence and strengthen domestic and European industry.
China has outlined its main economic and policy priorities for the coming year in its annual government work report, a key document that sets out the country’s development plans.
Uzbekistan is combining renewable energy expansion with sweeping land restoration, installing solar stations in local communities while rehabilitating degraded farmland to spur rural development and climate-smart growth, the government has announced.
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday, exclusively to Reuters.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
The U.S. military is redirecting at least three Iranian-flagged tankers after intercepting them in Asian waters near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Meanwhile, Tehran said U.S. breaches, blockades and threats are undermining “genuine negotiations.”
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy Steve Witkoff and adviser Jared Kushner to Islamabad for talks with Iran under Pakistani mediation.
Around 14% of Central Asia’s population - about 12 million people - are facing food shortages, according to the United Nations. The issue was a central focus at the Regional Environmental Summit in Astana.
Türkiye sent six trucks carrying critical medical supplies to Iran on Thursday, reinforcing humanitarian assistance amid challenging cross-border conditions.
Afghanistan is exploring new business opportunities in cotton, tourism and minerals following trade and investment talks this week with officials from Uzbekistan and Türkiye.
Georgia is entering a pivotal economic and geopolitical phase, as talks with China to expand a free trade agreement coincide with renewed progress on the Anaklia Deep Sea Port.
The European Union has introduced new trade restrictions on Kyrgyzstan under its 20th sanctions package against Russia, marking the first time a Central Asian country has faced measures targeting an entire trade channel.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment