[Azerbaijan signs agreement with ACWA Power for offshore wind and BESS projects]Within the framework of the 9th Ministerial Meeting of the Southern Gas Corridor Advisory Committee and the 1st Ministerial Meeting of the Green Energy Advisory Committee, the Implementation Agreement on Offshore Wind Power Projects in the Republic of Azerbaijan with a capacity of up to 1.5 GW, between the Ministry of Energy on Azerbaijan An agreement on the implementation of onshore wind power projects with a capacity of up to 1GW in the Republic, and a memorandum of understanding on the development of battery energy storage systems in the Republic of Azerbaijan and ACWA Power of the Kingdom of Saudi Arabia were signed. Editor/Xing Wentao
On January 6, 2026, the energy storage industry welcomed another super order, with leading companies and downstream integrators reaching a cooperation agreement for a 60GWh energy storage system. The order covers high cycle lithium iron phosphate battery cells and energy storage compartments, suitable for multiple scenarios such as power grid peak shaving and industrial and commercial energy storage. It will be accelerated through large-scale delivery capabilities, injecting momentum into the global energy transformation and demonstrating the explosive growth trend of the energy storage market.Editor/Bian Wenjun
On January 5, 2026, Riyadh reported that Emrina China, together with Saudi Le Park Concord and China Railway Construction Xinjiang Construction and Development Company, reached a strategic cooperation agreement and signed 60 motor hotel projects in Saudi Arabia. The project is in line with Saudi Arabia's "2030 Vision" and will create modern and sustainable accommodation facilities. It will be located in the core area and serve both domestic and foreign tourists. Chinese enterprises will leverage their infrastructure advantages to ensure the implementation of the project and help upgrade Saudi Arabia's tourism infrastructure.Editor/Bian Wenjun