Azerbaijan, China Datang Corporation Limited To Co-Op In Green Energy Sphere
Date
10/22/2024 2:10:33 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 22. Azerbaijan and
China Datang Corporation Limited will cooperate in green energy
sphere, Azerbaijan's energy Minister Parviz Shahbazov wrote on X,
Trend
reports.
“We were introduced with the experience and international
activities of China Datang Corporation Limited with wide
opportunities in the planning, design, construction, operation and
financing of renewable energy projects in Beijing. Zou Lei,
Chairman of the Board of Directors of the company, assessed the
investment cooperation on solar power plants, onshore and offshore
wind power plants, energy storage, and green hydrogen production
projects,” he said.
Shahbazov noted that in the near future, the sides agreed to
sign a Memorandum of Understanding on cooperation between the
Ministry of Energy and the company.
Azerbaijan is engaged in a number of negotiations with Chinese
companies in the field of renewable energy. Azerbaijan is exploring
opportunities for cooperation with China in renewable energy,
energy-saving systems, grid enhancement, the export of green
energy, offshore wind energy, and the supply of high-voltage direct
current (HVDC) cables, with extensive discussions on studying the
latest practices.
Chinese companies have expressed interest in joining large-scale
activities to realize the vast potential of renewable energy in
Azerbaijan. They're currently sizing up the investment
opportunities for building renewable energy plants in the
region.
Follow the author on X: @Lyaman_Zeyn
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