Azerbaijan praised for renewable energy strategy ahead of solar conference – AzerNews

Oil-producing nations must increase their investment in renewable energy merely “to survive”, a solar energy conference in the Azerbaijan capital Baku will be told next month.

Former German MP Hans-Josef Fell, president of the Energy Watch Group and the author of his nation’s landmark renewable energy policy, said ahead of the CISOLAR 2015 conference there is “no risk for investors in renewables” and he has praised Azerbaijan’s solar strategy.

“To switch the investment to renewables is the right and necessary way for the energy companies to survive with their business in the future,” he said.

Read more here: Azerbaijan praised for renewable energy strategy ahead of solar conference – AzerNews.