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Azerbaijan Negotiates Potential Cooperation In Green Energy With Chinese Company

Nov 21, 2024 (MENAFN via COMTEX) --

(MENAFN - Trend News Agency) BAKU, Azerbaijan, November 21. During asit-down between Azerbaijan's Minister of Economy, MikayilJabbarov, and Yang Tianfu, the President of PowerChina ResourcesLtd., they kicked around ideas for potential collaboration in thegreen energy arena, the minister wrote on X, Trend reports.

"At the meeting with the president of PowerChina Resources Ltd.,Yang Tianfu we discussed potential cooperation in the field of"green" energy, the possibility of using the favorable businessenvironment of our country, and the implementation of jointinvestment projects," the publication reads.

PowerChina Resources Ltd, a principal holding subsidiary ofPower Construction Corporation of China Ltd., was founded in 2012in Beijing, China, with a registered capital of 5.41 billion RMB.The business scope encompasses the concession of electric powerprojects, development of oil, non-ferrous metals, and mineralresources, real estate development, environmental conservation,investment in utilities and infrastructure, engineering andtechnical consulting services, import and export trading, andoverseas contracting.

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