Azerbaijan has good renewable energy resources. The wind, which blows more than 250 days per year and may generate 2.4 billion kWh of electricity annually, is the country’s preferred option because of its lower cost, environmental soundness and unlimited availability. Azerbaijan will build the biggest wind farm in the Caspian basin, Akim Badalov, the chair of the State Agency on Alternative and Renewable Energy Sources said. According to him, the project costs $300-330 mln. He noted that the Caspian Sea has potential for construction of wind power plants, APA reports. “Chinese, UAE and German companies are interested in the project”, Badalov said. He stressed construction of project will be carried out in three steps: “Construction of objects of the station, construction of road over water, as well as installation of platform and distribution of power network. It is planned the modern wind park will contribute to development of tourism field. According to initial estimates, the project will justify itself within ten years”.