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Baku’s green push extends to Italy’s sunbelt

In an increasingly carbon-conscious world, Azerbaijan is making a bold and visionary leap into the future. With the State Oil Fund of Azerbaijan (SOFAZ, or ARDNF in Azerbaijani) acquiring a 49% stake in 402 megawatts of solar energy assets in Italy through a partnership with U.S.-based Enfinity Global Inc., Baku is sending a clear message: our energy expertise does not end at hydrocarbons, and our commitment to sustainable development is global in scale.

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