Siemens Energy Global GmbH & Co. KG, a leading German energy technology company, has entered into a Memorandum of Understanding with Green Energy Corridor Power Company (GECO), the entity overseeing the Black Sea Submarine Cable (BSSC) project. This initiative aims to channel green energy from Azerbaijan through Georgia to European markets, as reported by Report.
The agreement, formalized during the German-Azerbaijani Export Finance Conference 2025, focuses on collaboration to facilitate the transmission of renewable energy using advanced High Voltage Direct Current (HVDC) technology.
https://report.az/en/energy/german-firm-joins-black-sea-submarine-energy-cable-project