Javid Abdulaev: Development of startups requires a sustainable energy supply Chairman of the State Agency for Renewable Energy Sources, Javid Abdulaev, said that the formation of a startup ecosystem is impossible without a sustainable energy supply. He announced this at Demo Day, the final event of the global innovation program "Startup School 4: Five Continents – 500 Startups", organized by the Azerbaijan Enterprise Portal of the Center for Analysis of Economic Reforms and Communications. "We are witnessing how, as a result of changes in this ecosystem, the requirements for energy systems and their quality characteristics change. The creation of large data centers in Azerbaijan, institutional changes related to digital development and government decisions bring the issue of sustainable energy supply to the fore." - noted Abdulayev. According to him, one of the conditions for ensuring this sustainability is the use of renewable energy sources. At the same time, their use must be properly planned, taking into account the needs of the country's economy. "It is no coincidence that the power of data centers is measured in megawatts. This shows how directly their work depends on the energy supply. ". emphasized Therefore, the development of the digital and ecological economy of start-ups requires the rapid development of energy infrastructures, including those based on renewable energy sources.

Javid Abdulaev: Development of startups requires a sustainable energy supply Chairman of the State Agency for Renewable Energy Sources, Javid Abdulaev, said that the formation of a startup ecosystem is impossible without a sustainable energy supply. He announced this at Demo Day, the final event of the global innovation program "Startup School 4: Five Continents – 500 Startups", organized by the Azerbaijan Enterprise Portal of the Center for Analysis of Economic Reforms and Communications. "We are witnessing how, as a result of changes in this ecosystem, the requirements for energy systems and their quality characteristics change. The creation of large data centers in Azerbaijan, institutional changes related to digital development and government decisions bring the issue of sustainable energy supply to the fore." - noted Abdulayev. According to him, one of the conditions for ensuring this sustainability is the use of renewable energy sources. At the same time, their use must be properly planned, taking into account the needs of the country's economy. "It is no coincidence that the power of data centers is measured in megawatts. This shows how directly their work depends on the energy supply. ". emphasized Therefore, the development of the digital and ecological economy of start-ups requires the rapid development of energy infrastructures, including those based on renewable energy sources.