Investors of Azerbaijan?s first wind power plant demand governmental grants

Projects of wind power plants in Baku suburbs were presented at yesterday’s conference “Renewable Energy: International Best Practice & Prospects for the Development in Azerbaijan” organized by OSCE.

Companies Vestas Alpha New Tecnology Services GmbH, Mitaki GmbH and AirWerk GmbH are ready to become equipment suppliers for these ends and commission the first wind power plant in Azerbaijan already in 2010 or 2011.

But the problem is only in too high cost of electric power generated in such a way for Azerbaijan. This cost exceeds the tariff (0.06 manats) the country applies for electricity by 0.04-0.05 manats. In this connection the suppliers offer to introduce governmental grants and any other stimulus for power consumers.