Total investments in the ‘Green Energy Corridor’ (Caspian-Black Sea-Europe Green Energy Corridor) project, which envisages the supply of renewable energy from the Caspian region to Europe, have been estimated at approximately 22.1 billion euros.
elchi reports that “Green Energy Corridor Power Company” (GECO) announced this.
It was stated that 14.3 billion euros of the total investments will be required for the creation of transmission infrastructure. This constitutes approximately 64.7% of the investments planned for the project.