Zagreb, Croatia headquartered ENNA Group has signed memorandum of understanding (MoU) with the Azerbaijan Renewable Energy Agency (AREA). The agreement focuses on exploring cooperation on renewable energy projects in Azerbaijan. It includes assessing solar and wind opportunities while evaluating technical and economic conditions for potential investments. Through this MoU, ENNA became the first Croatian company and among the first European companies to establish a cooperation framework with AREA. The initiative supports ENNA’s international expansion through its Energy division. The signing took place in Baku during the Twelfth Ministerial Meeting of the Southern Gas Corridor Advisory Council and the Fourth Ministerial Meeting of the Green Energy Advisory Council.
ENNA signs MoU with Azerbaijan’s AREA on renewables cooperation
Croatia’s ENNA and Azerbaijan Renewable Energy Agency signed an MoU to assess solar and wind investments in Azerbaijan, expanding ENNA’s international renewable energy activities.
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