Baku:Azerbaijan's Energy Minister, Parviz Shahbazov, held meetings with senior executives from Vestas, ACWA Power, and NKT during the COP31 conference. The discussions focused on potential collaborations in renewable energy projects and the development of green energy corridors in Azerbaijan.

According to Azerbaijan State News Agency, during the meeting with Morten Dyrholm, Group Senior Vice President of Global Marketing, Communications, and Public Affairs at Vestas, the dialogue centered on wind energy projects in Azerbaijan. Vestas expressed interest in participating in onshore wind energy initiatives. The feasibility study results for the Caspian-Black Sea-Europe Green Energy Corridor and its investment opportunities were presented. Discussions also highlighted the corridor's importance in channeling the region's wind energy to European markets and the involvement of suppliers and energy offtakers.

In a separate meeting with Dr. Samir J. Serhan, CEO of ACWA Power, the focus was on ongoing cooperation and possibilities for new wind and solar energy projects. They discussed site selection, grid connection issues, and the integration of additional renewable energy capacity based on an ongoing grid study. ACWA Power's potential role in developing export-oriented power plants in Azerbaijan and supplying electricity to Türkiye and European markets was also explored.

Lastly, during discussions with Michael Suhr, Senior Vice President and Head of Global Stakeholder Relations at NKT, the parties reviewed prospects for collaboration on the Caspian-Black Sea-Europe Green Energy Corridor. Suhr shared information on NKT's experience in international interconnector projects and its capabilities in supplying submarine and onshore cables, noting that NKT has cable technologies certified for depths exceeding 2,000 meters.