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Development of Azerbaijan-China energy cooperation was discussed

A meeting was held between the Minister of Energy Parviz Shahbazov and the delegation led by Song Hailiang, the Chairman of China Energy Engineering Group Co.Ltd, in which Lyu Zexiang, the Chairman of China Energy International Group Co. Ltd. attended as well.

During the meeting, discussions were held on the development of multidirectional cooperation on renewable energy and joint activities with Chinese companies within the COP29. Information was provided about the projects implemented by China Energy Engineering Group Co. Ltd, which provides systematic, integrated, comprehensive development plans and services for the energy and infrastructure industries in China and globally. It was noted that Chinese companies are interested in participating in large-scale activities to realize the huge renewable energy potential in our country. Cooperation opportunities on the creation of green energy corridors and interconnectors, green energy export, production and transportation of green hydrogen and green ammonia, as well as energy storage systems were evaluated. Also, the issues arising from the Memorandum of Understanding on the implementation of renewable energy projects with a capacity of 2 GW signed between the Ministry of Energy and China Gezhouba Group Overseas Investment were discussed. The measures taken and the next steps related to the construction of 60 MW and 100 MW solar power plants were reviewed.

During the conversation, it was agreed to strengthen the interaction with the establishment of a Working Group to evaluate proposals on potential cooperation areas and as a result, to cooperate with relevant projects.