Energy Minister Parviz Shahbazov met with Zhong Haixiang, Chairman of PowerChina Resources Ltd.
During the meeting, it was emphasized that the visits of the President of the Republic of Azerbaijan, Mr. Ilham Aliyev, to China in April and September of this year have played a significant role in establishing comprehensive strategic partnership relations between the two countries and advancing cooperation in the energy sector. It was noted that special importance is attached to partnerships with Chinese companies in the field of renewable energy.
The current status of the 160 MW solar power plant project, as well as the 2 GW offshore wind energy projects implemented with PowerChina Resources Limited, was reviewed. The development prospects of these projects were assessed within the framework of integration into the grid and export opportunities. It was further noted that, at present, network studies are being carried out jointly with the Electric Power Planning and Engineering Institute (EPPEI) of China to integrate additional renewable energy capacities into the energy system, as well as on the establishment of energy interconnectors in the direction of Türkiye and Europe.
Mr. Zhong Haixiang, Chairman of PowerChina Resources Ltd, stated that Azerbaijan is a favorable country not only from a political point of view but also in terms of market potential and economic business environment, and that the company is interested in new investment projects. During the meeting, the sides exchanged views on potential investment opportunities in renewable energy, hydro accumulation systems, and other areas.
At the meeting held with Zhong Haixiang, Chairman of #PowerChina Resources Ltd, issues related to the implementation of #onshore and #offshore #solar- #wind energy projects, carried out within the framework of strengthening the comprehensive strategic partnership between… pic.twitter.com/hzbovXj1bW
— Parviz Shahbazov (@ParvizShahbazov) September 26, 2025
