Economy

Azerbaijan may render state support for production of solar batteries

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The Azerbaijani Ministry of Economy may consider the possibility of rendering state support for the production of solar batteries, Azerbaijani Economy Minister Shahin Mustafayev said.

Mustafayev made the remarks at a conference in Baku dedicated to the results of the fourth year of the implementation of the ‘State Program on Socio-Economic Development of the Regions of Azerbaijan in 2014-2018’, in the Heydar Aliyev Center Jan. 29.

During the conference, the entrepreneurs stressed that presently, it is ineffective to use solar batteries and other sources of alternative energy in Azerbaijan because of the lack of domestic production of appropriate equipment.

Mustafayev added that if there is a demand for such products, the ministry is ready to render state support.

The minister stressed that the production of solar batteries could be established in one of the industrial parks in Azerbaijan.

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