Home Latest News “SOCAR Green” and “PowerChina” companies signed a Memorandum of Understanding

“SOCAR Green” and “PowerChina” companies signed a Memorandum of Understanding

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“SOCAR Green” and “PowerChina” companies signed a Memorandum of Understanding

Today, within the framework of COP29, a Memorandum of Understanding was signed between the companies “SOCAR Green” and “PowerChina” with the purpose of exploring joint opportunities in the development of renewable energy projects in Azerbaijan.

Oku.Az reports that this was reported by the State Oil Company of Azerbaijan (SOCAR).

“The strategic partnership between the parties aims to contribute to the development of renewable energy sources in Azerbaijan. The memorandum provides for joint efforts in the construction of solar and wind power plants, integrated smart energy systems, evaluation and investment of projects related to the production of green hydrogen.” the information said. Made.

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