Azerbaijan

SOCAR and ACWA Power collaborate on green hydrogen production

SOCAR and ACWA Power Discuss Opportunities for Cooperation in Green Hydrogen Production

The State Oil Company of Azerbaijan (SOCAR) and Saudi Arabia’s ACWA Power have recently held discussions on potential collaborations in the areas of green hydrogen production, decarbonization, and sustainable energy solutions.

According to reports from SOCAR, a meeting was held between SOCAR President Rovshan Najaf and ACWA Power’s CEO Marco Arcelli. During the meeting, both parties emphasized the importance of developing a successful and mutually beneficial cooperation.

It was highlighted that joint projects under this collaboration would play a significant role in the development of renewable energy sources in Azerbaijan. This partnership could lead to advancements in green energy production and contribute to the country’s efforts in achieving a more sustainable future.

The discussions between SOCAR and ACWA Power signify a step towards a greener and more environmentally friendly energy sector in Azerbaijan. Both companies are committed to exploring innovative solutions for clean energy production and reducing carbon emissions.

Overall, this collaboration between SOCAR and ACWA Power holds promising opportunities for the advancement of green hydrogen production and sustainable energy solutions in Azerbaijan. Stay tuned for further updates on this developing partnership.

 

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