A MoU Signed between "SOCAR Green" & "PowerChina" Companies within the Framework of COP29

Source: www.gulfoilandgas.com 11/19/2024, Location: Asia

within the framework of COP29, a Memorandum of Understanding was signed between "SOCAR Green" and "PowerChina" companies for the purpose of exploring joint opportunities in the development of renewable energy projects in Azerbaijan.

The strategic partnership between the parties aims to contribute to the development of renewable energy sources in Azerbaijan.

The memorandum envisages joint efforts in the construction of solar and wind power plants, integrated smart energy systems, evaluation and investment of projects related to green hydrogen production.

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