The Minister of Economy of Azerbaijan and Egmont Discussed the Problem of Money Laundering

November 16 (Reuters) - Azerbaijan’s Minister of Economy, Mikayil Jabbarov, met with Marco Arcelli, CEO of Saudi Arabia’s ACWA Power, during the COP29 climate summit to review the progress of joint projects in renewable energy.

Azerbaijan's Minister of Economy, Mikayil Jabbarov, held talks with Heather Evans, Deputy Assistant Secretary for Manufacturing at the U.S. International Trade Administration, focusing on bolstering bilateral ties in energy, trade, and green development.

The process of securing financing for the construction of the Bilasuvar solar power plant with a capacity of 445 MW and the Neftchala solar power plant with a capacity of 315 MW has been successfully completed.

The European Commission views Azerbaijan's increasing gas supplies to Europe as a highly beneficial alternative source for ensuring the EU's energy security, said European Union Energy Commissioner Kadri Simson in an exclusive interview with Turan during her visit to COP29 in Baku.