Chinese investments and cooperation in new energy are expanding in Azerbaijan, said Lu Mei, Ambassador of the People's Republic of China to Azerbaijan, at the annual press conference for 2025, APA reports.
The ambassador said that investment, economic and technological cooperation between the two countries is dynamically deepening. According to her, Chinese companies are implementing various projects in Azerbaijan in the fields of construction materials production, retail trade, automotive industry and photovoltaic power plants.
"The first 50 electric buses produced at the BYD plant in Azerbaijan have already been delivered. The factory plans to produce 300 electric buses by the end of the year and put them into operation in Baku, Nakhchivan, and Karabakh. This will further expand the population's access to ecological transport opportunities," Lu Mei noted.
The diplomat emphasized that cooperation in the field of new energy is also developing rapidly. Several Chinese companies have signed agreements with Azerbaijan on five projects with a total capacity of 1,570 MW, including solar and wind energy: “Once the projects are fully operational, Azerbaijan’s renewable energy production capacity will double. The first large-scale wind energy project with a capacity of 240 MW, implemented with Chinese participation, is planned to be commissioned this year.”
The ambassador added that Chinese companies are also planning to build a 3 GW solar panel production plant in the Alat Free Economic Zone, which will make a significant contribution to the development of Azerbaijan’s high-tech manufacturing industry.
Lu Mei said that cooperation in transport infrastructure has also strengthened: “In January-November, 351 Trans-Caspian freight trains were sent from China to Azerbaijan, which is 34 percent more than last year. This year, trains have been sent from the cities of Jinhua, Yiwu, Beijing and Shenzhen on the Trans-Caspian route for the first time. Chinese products have become the largest source of cargo in the Middle Corridor.”
The ambassador said that China is ready to continue high-level cooperation with Azerbaijan within the framework of the "One Belt, One Road" initiative and support the country's transformation into a regional transport hub.
