ADB shows interest in solar energy project in Azerbaijan’s Fuzuli district (Exclusive)

ADB shows interest in solar energy project in Azerbaijan’s Fuzuli district (Exclusive)

Shorouk Express


Oil&Gas
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27 September 2025 12:38 (UTC +04:00)

ADB shows interest in solar energy project in Azerbaijan’s Fuzuli district (Exclusive)


The Asian Development Bank (ADB) has expressed interest in investing in a solar power project in Azerbaijan’s Fuzuli district, building on recent agreements signed during COP29 in Baku. ADB already backs nearly $800 million worth of renewable projects in the country and says improving credit ratings make Azerbaijan’s market increasingly attractive for future investments.

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