As part of COP29, a number of documents in the field of green energy were signed with Chinese companies.
As Day.Az reports with reference to the Ministry of Energy of Azerbaijan, between the Ministry of Energy, China Energy Overseas Investment Co. Ltd. and SOCAR Green LLC signed an executive agreement on a 160 MW solar power plant project in the Fizuli region. Also, the Ministry of Energy and China Energy Overseas Investment Co. Ltd signed a Memorandum of Understanding on cooperation in the field of renewable energy in Azerbaijan.
In addition, the Ministry of Energy and China Datang Co. Ltd signed a Memorandum of Understanding on the development of renewable energy projects in Azerbaijan. The memorandum provides for cooperation with the company in the field of investing in renewable energy projects, preparing feasibility studies, conducting relevant studies, as well as exploring the possibilities of creating a Research and Development Center for Renewable Energy Sources in Azerbaijan.