Ilham Aliyev, the president of the Republic of Azerbaijan, met with Andrew Forrest, the CEO of "Fortescue Future Industries," in Davos.
The parties highlighted that a project to produce 12,000 megawatts of wind and solar energy in Azerbaijan was to be implemented under the terms of a memorandum inked last month between the Azerbaijani Ministry of Energy and "Fortescue Future Industries." The significance of the "Agreement on a Strategic Partnership in the Field of Green Energy Development and Transmission between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary" being signed in Bucharest was also emphasized. The parties agreed that it was essential to supply future green energy produced in Azerbaijan to the European market through this project.
In their discussion, they stressed the significance of collaboration in putting a hydrogen production project, including green hydrogen in Azerbaijan, into action.
It was mentioned that Azerbaijan would be able to create up to 22,000 megawatts of wind and solar energy thanks to the agreements and memoranda of understanding the country struck with foreign energy firms. It was emphasized that SOCAR and "Fortescue Future Industries" plan to produce 12,000 megawatts of that energy.
The conversation focused on the excellent investment climate in Azerbaijan.
They discussed the possibility of cooperation while considering Azerbaijan's wealth of renewable energy potential.
Statement by President Ilham Aliyev
- Dear Mr. President, my dear brother,
Dear guests, ladies and gentlemen,
Welcome, my dear brother, and welcome back. I have very good memories of your last visit in November to attend the COP29 conference. I invited Mr. President...
27 February 2025, 15:23
Dear Mr. President,
My dear Brother,
I sincerely congratulate you and all members of the Justice and Development Party, which has held an exceptional place in the socio-political life and public administration of the Republic of Türkiye for nearly 25 years,...
27 February 2025, 10:03On February 26, Ilham Aliyev, President of the Republic of Azerbaijan, made a phone call to Recep Tayyip Erdoğan, President of the Republic of Türkiye.
The Azerbaijani President congratulated Recep Tayyip Erdoğan on his birthday, wishing him continued success in...
26 February 2025, 14:56
Your Highness,
On behalf of myself and the people of Azerbaijan, I am pleased to extend my heartfelt congratulations and best wishes to you and, through you, to your entire nation on the occasion of February 25 – Kuwait’s National Day.
We attach great importance...
25 February 2025, 11:25
