- On 15 december 2022, a Framework agreement was signed between Ministry of Energy and Australia's Fortescue Future Industries (FFI) on joint cooperation on the study and development of renewable energy projects and the potential of "green hydrogen" in Azerbaijan.
- The signing ceremony of the Framework Agreement, which contributes to the strengthening of cooperation between Azerbaijan and Fortescue Future Industries, was held online.
- The agreement envisages the investigation and implementation of projects with a total capacity of up to 12 GW for the production of renewable energy and "green hydrogen" in Azerbaijan.
