Baku 21° C
German firm joins Black Sea Submarine Energy Cable Project
Energy
- 07 October, 2025
- 13:54
Add Report.az to preferred Google sources
Stay up to date with the top news!
A Memorandum of Understanding has been signed between Germany's Siemens Energy Global GmbH & Co. KG and Green Energy Corridor Power Company (GECO), a joint venture managing the Black Sea submarine cable (BSSC) project aimed at delivering green energy from Azerbaijan to Georgia and onward to Europe.
According to Report, the signing ceremony took place as part of the German-Azerbaijani Export Finance Conference 2025.
The agreement outlines cooperation in the transmission of green energy using HVDC (High Voltage Direct Current) technology.
Author
Photo
Photo
Latest News
18:24
Azerbaijan's central bank forecasts inflation at 6.1% in 2026 and 5.8% in 2027
Finance
18:17
Photo
Azerbaijan and Bangladesh discuss cooperation in energy and education
Foreign policy
18:01
Azerbaijan's revenues from gold export to Switzerland rises nearly 30%
Business
17:54
Photo
Baku expected to host Global Conference on State-Owned Enterprises in 2027
Finance
17:47
Zelenskyy warns of 20M Ukrainians' influx into EU if Russia wins
Other countries
17:38
Minister: Normalization of Armenia-Türkiye relations will benefit region
Region
17:29
Baku Initiative Group backs Kanak opposition to New Caledonia nickel deal
Foreign policy
17:20
Photo
Azerbaijan, NATO discuss cooperation in military education
Military
17:07
FIFA unveils official brand for U20 World Cup 2027
Football