BAKU, Azerbaijan, June 11. Construction of a
solar panel manufacturing plant is set to begin in the coming weeks
within the Alat Free Economic Zone (FEZ) in Azerbaijan, Chairman of
the Board of the Alat Free Economic Zone Authority, Valeh
Alasgarov, said, Trend’s correspondent at the event reports.
He made the announcement at the event “Technovation – Science
and Innovation for Sustainable Economic Transformation,” organized
by the American Chamber of Commerce in Azerbaijan (AmCham
Azerbaijan) in Baku.
Alasgarov stated that the construction of the solar panel
factory will be carried out in partnership with a Chinese
company.
According to him, in the first phase, the plant will produce
about 3 GW of solar panels per year, and in the future, the
capacity is planned to be increased to 10 GW.
“The implementation of the project is expected to reduce the
cost of solar energy and expand access to renewable sources. At the
same time, the development of local production of wind energy
components, specifically turbine blades and towers, is being
discussed,” he said.
Alasgarov emphasized that large wind turbine components are
difficult and expensive to transport from China and Europe, making
local production economically viable. According to him, without
solutions for electricity storage, it is impossible to effectively
integrate large volumes of wind and solar generation into the power
grid.
Meanwhile, as part of the visit to China by the Azerbaijani
delegation led by Deputy Prime Minister and Co-Chair of the
Azerbaijan -China Intergovernmental Commission on Trade and
Economic Cooperation, Shahin Mustafayev, an investment agreement
was signed on September 9, 2025, in Chengdu between the Alat Free
Economic Zone Administration and the Chinese high-tech company
Sichuan Sunsync Photovoltaic Technology Co., Ltd.
The document provides for the creation of a modern production
complex for the manufacture of solar panels in the Alat FEZ.
According to the agreement, three modern production facilities
with the necessary infrastructure and utilities will be built on a
23-hectare industrial zone. Their combined capacity will be 3 GW of
solar panels per year. The production of silicon crystals and
components is also planned.
The manufactured products will be used, among other things, for
the construction of a solar power plant within the Alat SEZ itself,
and a significant portion will be exported to global markets.