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Memorandum of Understanding on cooperation in the field of renewable energy between the Ministry of Energy and the Japanese Mitsui company
  • 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.