- On February 25, 2019, the Ministry of Energy and the Norwegian company Equinor Absheron AS signed a Memorandum of Understanding cooperation in the field of the use of renewable energy sources.
- The memorandum was signed in the context of the general principles of bilateral cooperation, assessment of renewable energy sources potential, and the creation of suitable conditions for profitable investment in this area.
- This document will assist in the development, financing, construction, operation and maintenance of renewable energy projects in Azerbaijan.