The great potential of alternative energy production in Azerbaijan is already appreciated by the European Union.

APA reports that the President of Azerbaijan Ilham Aliyev said this in a joint press statement with the President of the European Commission Ursula von der Leyen in Baku.

President Ilham Aliyev said that investment projects on wind and solar energy have already been started.

"We have already conducted a preliminary assessment of our potential, and I can say that the potential of solar and wind power plants in the liberated areas of Karabakh and Eastern Zangezur is 9,200 megawatts.

The wind energy potential of the Caspian Sea is 157 gigawatts.

Thus, we really have a huge resource base", - said the President of Azerbaijan.