Chinese companies set sights on building wind and solar power plants in Azerbaijan

Chinese companies set sights on building wind and solar power plants in Azerbaijan

BAKU, Azerbaijan, June 26. Azerbaijan is
interested in expanding cooperation with China, from technology
transfer to joint projects, and from scientific research
cooperation to human capital development, Azerbaijani Minister of
Energy Parviz Shahbazov said, Trend reports.

He made the remark during the opening ceremony of the Shanghai
Cooperation Organization (SCO) Energy Ministers鈥 Meeting and at the
forum titled 鈥淚ndustrial Innovation as a Driving Force for
Sustainable Energy Development鈥 held in Ningbo, China.

It was emphasized that Azerbaijan, as a dialogue partner,
attaches special importance to deepening cooperation with the SCO,
and that the active participation of President of Azerbaijan Ilham
Aliyev in the organization’s summit meetings in recent years and
the signing of the Declaration on Strategic Partnership with China
within the framework of this platform demonstrate the importance of
this cooperation.

It was noted that the Declaration on the Establishment of a
Comprehensive Strategic Partnership signed in Beijing in April of
this year was not only a new stage in Azerbaijan-China relations
but also gave impetus to the strengthening of cooperation with the
organization.

This platform made it crystal clear that the countries have a
whole bag of advantages up their sleeves, such as fossil resources,
renewable energy potential, infrastructure, and technological
capabilities, complement each other and create a favorable basis
for multilateral energy cooperation and a fair energy transition,
and that China, in particular, has made a significant contribution
to this process through the application of advanced technologies
and innovations.

The green energy projects implemented jointly with China,
Kazakhstan, and Uzbekistan in the energy partnership of Azerbaijan
with the SCO countries were discussed.

It was pointed out that Azerbaijan is interested in expanding
cooperation with China from technology transfer to joint projects,
from scientific and research cooperation to human capital
development.

It was mentioned that the sincere friendly relations between
President Ilham Aliyev and President of China Xi Jinping and the
elevation of Azerbaijani-Chinese relations to the level of
comprehensive strategic partnership provide a strong impetus for
the rapid development of the green energy agenda.

It was noted that enterprises from China are presently integral
to the execution of Azerbaijan’s green energy framework,
functioning as both contractors and investors. The strategy entails
a phased development of wind and solar power installations,
aggregating a capacity of approximately 2.3 GW in collaboration
with these entities, alongside the advancement of wind energy
initiatives targeting a capacity of around two GW in the Caspian

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