Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country.
The first agreement, signed with China Energy Overseas Investment, entails the evaluation, development, and implementation of an offshore wind energy project in Azerbaijan.
A second agreement, signed by the Ministry, SOCAR Green, China Datang Overseas Investment, and PowerChina, will focus on the development of a 2GW offshore wind energy project in the Azerbaijani sector of the Caspian Sea.
The parties will follow a phased approach, covering the design, financing, engineering, construction, operation, and maintenance of the project.
These were just two of six documents relating to renewable energy projects signed by Azerbaijan’s president Ilham Aliyev, during his visit to China.
Other deals plan for solar power plants with a total capacity of 260MW, a 100MW floating solar power plant, a 30MW battery storage system, and cooperation on renewable energy and electric power system planning.
