MAIRE and the Ministry of Energy of the Republic of Azerbaijan renewed their cooperation to develop renewable energy and energy transition initiatives in the country

MAIRE’s subsidiaries NEXTCHEM and Tecnimont Services, a TECNIMONT’s company active in operation and maintenance, plant revamping, green power solutions, and digital and energy services – signed the cooperation agreements with SOCAR Green, a subsidiary of SOCAR focused on sustainable projects in Azerbaijan. The parties will focus on business opportunities in the renewable energy sector, low-carbon technologies, waste-to-energy solutions, green hydrogen, methane emissions reduction, and biofuels.

These collaborations align with Azerbaijan's commitment to reduce its greenhouse gas emissions by 35% by 2030 also by increasing power generation from renewable energy sources in the country.

In addition, NEXTCHEM entered into a cooperation agreement with Uzbekneftegaz OJSC, an Uzbek state-owned oil company, aimed at supporting the decarbonization and upgrading of Uzbekistan’s infrastructures, with a particular focus on Sustainable Aviation Fuel (SAF) from waste and other materials, leveraging on NEXTCHEM’s proprietary technologies NX SAF BIO and NX PTU.

Alessandro Bernini, CEO of MAIRE, commented: “These cooperation agreements stem from our commitment to developing and implementing technological and engineering solutions in the Caspian region. We are proud to start this collaboration with SOCAR Green and contribute to Azerbaijan’s decarbonization targets, confirming our historical collaboration with SOCAR, which dates back more than a decade”.