Azerbaijan Bets Big on China to Power Its Green Energy Corridor
Market Intelligence Analysis
AI-PoweredAzerbaijan has partnered with China's Datang Overseas Investment Co. to develop a 100 MW solar power plant and explore green energy projects, including offshore wind power and energy storage systems, to create a 'green energy corridor' to Europe.
Market impact analysis based on bullish sentiment with 76% confidence.
Article Context
Azerbaijan is hoping China can play a big role in helping Baku fulfill its ambitions of building a “green energy corridor” to Europe. Azerbaijani officials and representatives of China's Datang Overseas Investment Co. signed a deal on November 12 covering the construction of a 100 Megawatt solar power plant. The sides also agreed to explore the development of offshore wind power, energy storage systems, and the implementation of technical training programs. The solar farm will be situated in the Gobustan District south of Baku,…
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