Azerbaijan and the United Arab Emirates (UAE) have signed four documents on energy cooperation.
The MoU envisages the creation of a framework for investment cooperation in the energy sector, especially in electricity transmission projects, the development of the network, the exchange of technical knowledge and experience. The strategic cooperation document covers cooperation and investment opportunities in new areas such as the rooftop solar projects, green hydrogen, green ammonia, synthetic methane, sustainable aviation fuel production and export of green energy, along with 2 GW solar and 2 GW wind onshore projects, 6 GW offshore wind energy. Calendar of Actions (roadmap) for the construction of 1 GW solar and wind onshore projects to be installed in Azerbaijan reflects the implementation measures of 2 solar and 1 wind energy projects for 2024-2027.
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