- On June 19, 2019, a Memorandum of Understanding on cooperation in the field of renewable energy was signed between the Ministry of Energy and the Japanese company Mitsui.
- The memorandum envisages cooperation in assessing the potential and creating conditions for investment in renewable energy projects in Azerbaijan.
- According to the document, key factors will be identified and developed to create a regulatory framework that will encourage investment in economically viable renewable energy projects in Azerbaijan.
