State Oil Fund and China’s CEEC International to cooperate in renewable energy

AZERBAIJAN

image

Deputy CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) Rovshan Javadov, together with representatives of the Fund’s relevant departments, held a meeting with the delegation led by Xiaodan Lin, Chairman of China Energy International Group Co., Ltd. (CEEC International).

According to the SOFAZ, during the meeting, the parties discussed ways to further deepen the existing cooperation established under the Memorandum of Understanding signed between SOFAZ and CEEC International on September 8, 2025. The discussions focused on identifying new joint investment opportunities of mutual interest, evaluating the profitability of potential projects, and exploring mechanisms for collaboration.

At the conclusion of the meeting, both sides agreed to continue reviewing potential renewable energy, energy storage, and waste management projects in the Gulf countries, China, and Southeast Asia, as well as to maintain regular information exchange on the discussed initiatives and investment opportunities.
China Energy Engineering Group Co., Ltd. is a major industrial conglomerate that provides investment and services across energy, water management, cement, and other large-scale infrastructure sectors in China and worldwide. The company delivers comprehensive, turnkey solutions covering all stages of project implementation.
China Energy International Group Co., Ltd. (CEEC International) is the international arm of the Group, responsible for managing overseas business operations, project execution, and fostering global partnerships.

Renewables.az


RELATED NEWS