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Fossil fuels still represent 90 percent of Azerbaijans exports and up to 50 percent of its GDP, according to the International Energy Agency. The plant supplies up to 230 megawatts of power to Azerbaijans grid. A 2022 road map from the World Bank, the International Finance Corp., Bulgaria wants in, as does Armenia.
It’s a huge project,” says Zviad Gachechiladze , a director at Georgian State Electrosystem , the agency that operates the country’s electrical grid, and one of the architects of the Caucasus green-energy corridor. “To To the south, tensions between Armenia and Azerbaijan remain after the recent war and ethnic violence.
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