The agreement focuses on joint efforts to assess investment opportunities and establish technical and legal frameworks to support the project. A steering committee and a working group, comprising experts in commercial, legal, and technical areas, will be formed to oversee the project’s development.
The Azerbaijani Ministry of Energy will facilitate the process by assisting with permits, maritime area allocation, and other necessary procedures to ensure smooth progress. The collaboration aims to advance renewable energy infrastructure in the region, leveraging the Caspian Sea’s wind energy potential.
During a visit by Azerbaijan’s President Ilham Aliyev to China, six agreements on renewable energy cooperation were signed. These include plans for solar power plants with a combined capacity of 260 MW, a 100 MW floating solar power plant, a 30 MW battery storage system, the construction of at least a 2 GW offshore wind power plant, an additional 2 MW wind energy project, and collaboration on renewable energy and electric power system planning.
The offshore wind project represents a significant step in Azerbaijan’s efforts to expand its renewable energy portfolio. By partnering with experienced Chinese companies, the initiative aims to harness advanced technology and expertise to develop sustainable energy solutions.
The agreements signed during the visit reflect a commitment to strengthening bilateral cooperation in clean energy. The planned projects, including solar, wind, and storage systems, are designed to enhance Azerbaijan’s energy sustainability and contribute to regional energy goals.
The 2 GW offshore wind project in the Caspian Sea is expected to play a key role in meeting Azerbaijan’s renewable energy targets. The establishment of dedicated committees and expert groups ensures a structured approach to project implementation, addressing technical and regulatory requirements effectively.
This collaboration highlights the growing focus on renewable energy development in Azerbaijan, supported by international partnerships. The projects outlined in the agreements will bolster the country’s energy infrastructure, promote environmental sustainability, and foster innovation in the renewable energy sector.
