The joint development of a 100MW photovoltaic solar power plant will be executed in two stages. The initial phase, comprising 50MW, is scheduled for completion by 2027, with the remaining capacity to be installed in subsequent years.

The plant aims to generate some 180 million kilowatt-hours of electricity annually, providing power to around 58,000 households. The construction phase of the plant will engage a workforce totaling 600 individuals, while its commissioning will lead to the creation of 80 permanent jobs.

Vugar Samadli, 皇冠体育app首席执行官表示:“我们很高兴有机会成为该地区绿色转型计划的一部分，这符合皇冠体育app为该地区及其他地区的低碳未来做出贡献的战略意图. With a focus on efficiency and safety, our skilled and tested team of engineers, designers, and technicians is the driving force in the successful execution of solar power project of any scale." 

A customized technical protocol outlining a series of activities has been agreed upon and signed with Azerenerji, the primary electricity producer and transmission system operator in the country. Additionally, the project land plot has been approved by relevant government institutions in the Jabrayil district.

Currently, the pertinent investment agreement, power purchase agreement, and grid connection agreement are being developed jointly with the Ministry of Energy of Azerbaijan and Azerenerji. 

Note to editors

Nobel Energy Group, part of NEQSOL Holding, is an Integrated Energy Production, 发展和服务公司致力于为全球向可持续和低碳未来的转型做出贡献. By leveraging trusted expertise, integrated solutions, advanced technology, strategic partnerships, and a strong focus on innovation, 皇冠体育app将自己定位为在全球范围内交付复杂和可持续基础设施项目的可靠合作伙伴.

皇冠体育app公司(NEQSOL控股公司的一部分)很高兴地宣布，它支持一项教育计划，旨在发现30名来自贫困家庭的高潜力青年，他们渴望进入一流的国际大学，并为他们提供所需的知识和技能. 

The program, which is implemented by a qualified and successful education company Roof Academic Training, 那些来自低收入家庭、才华横溢的年轻人是否会支持他们去名牌大学接受高等教育. In addition to preparation for critical exams such as IELTS, SAT, GRE, GMAT, and TOEFL, the program also takes in assistance in the processes of university and scholarship applications. 

The program targets students applying to universities in the 2023-2024 academic year, with plans to continue their studies abroad in September 2024.

Selection for the scholarship project has started, and it is being conducted through a meticulous 6-stage process, including initial questionnaire evaluation, English language proficiency level check, personal interview, expert opinion, home-family visit, and final evaluation. Throughout these stages, candidates are assessed based on academic performance, extracurricular activities, social security level, potential, desire, and activity, serving as the primary criteria for evaluation.

Vugar Samadli, CEO of Nobel Energy, 他说:“该倡议完全符合该国和皇冠体育app公司的愿景，即让年轻人能够在高级大学获得安置，为我国人力资本的发展做出贡献. This successful program, 这已经帮助培养了一些来自低收入家庭的高潜力青年的教育愿望, reflects our commitment and humble contribution to building a more resilient and brighter future in Azerbaijan."

Note to editors

Nobel Energy Group, part of NEQSOL Holding, is an Integrated Energy Production, 发展和服务公司致力于为全球向可持续和低碳未来的转型做出贡献. By leveraging trusted expertise, integrated solutions, advanced technology, strategic partnerships, and a strong focus on innovation, 皇冠体育app将自己定位为在全球范围内交付复杂和可持续基础设施项目的可靠合作伙伴.

This speech was delivered by our CCO Eldar Mamedzadeh at the COP28 in Dubai.

Dear guests, 

Ladies and gentlemen, 

Firstly, 在此，我向在座的各位问好，感谢COP28主办方组织的出色活动，并向能源部表示感谢, 阿塞拜疆共和国自然资源部和AREA(阿塞拜疆可再生能源机构)授予皇冠体育app公司特权，在致力于全球气候话语的最高平台上分享我们的愿景. 

We live in a time of unprecedented environmental challenges affecting us all on a daily basis. Climate change, decarbonization, and carbon capture concern us all, whether as countries, businesses, or individuals. 这一切都促使我们重新思考和重新定义我们的增长路线，以确保生产的能源不仅应该是负担得起的, sustainable, reliable, but also clean.

Today, 世界正在经历一个能源转型的时代，我为我的国家致力于成为这一转型进程的领跑者而感到自豪. The President of Azerbaijan, 伊利哈姆·阿利耶夫阁下为阿塞拜疆制定了一个雄心勃勃的目标，使其成为一个重要的电力供应国, produced from green energy, to Europe. 阿塞拜疆的清洁能源目标是到2030年可再生能源占其总能源容量的30%以上.

Where does Nobel Energy fit into this transformative landscape? 

请允许我介绍皇冠体育app——一个在能源和建筑服务领域拥有近20年经验的公司集团, present in 11 countries across 4 continents, with major footprint in Azerbaijan and the USA.

Nobel Energy has provided integrated engineering, construction, procurement and supply chain management, drilling, fabrication; and maintenance, repair and operations services to the oil and gas, power and water industries, serving major energy giants such as National Oil Companies. 

Being committed to sustainable growth and environmental responsibility, Nobel Energy set out a new strategy in 2021, to transform from an Oil and Gas Services company to an Integrated Drilling Production, Development and Services company. We have identified clean energy investments as a key avenue for our substantial growth.

Our dedication to fostering Azerbaijan's green initiatives has led us to invest in renewable energy projects in strategic areas like Nakhchivan and newly liberated territories of Karabakh and East Zangazur, identified by the government as pivotal green zones.

Stimulating eco-friendly growth 

今年6月，我们与阿塞拜疆能源部签署了一份谅解备忘录，在纳希切万分阶段开发总计400兆瓦的太阳能发电厂，这是一个重要的里程碑, both for local use and export. 

The anticipated 25-year average lifespan of the 400MW solar power station is projected to mitigate 4,680,000 tonnes of carbon emissions. With an annual power generating capacity of 800GWh per annum for the 400MW installation, it is equivalent to powering over 255,000 households. 

另一项皇冠体育app项目将在东赞加祖尔解放的贾布拉伊勒地区开发一座100兆瓦的太阳能发电站. It is anticipated to save 1,170,000 tons of carbon emissions over 25 years of its lifespan. This station is expected to produce 175GWh of electricity annually, catering to the needs of around 56,000 households, 极大地促进了该地区的能源安全和可持续的社会经济增长，同时又不损害其独特的地理位置. We will start execution of both solar power stations soon. 

我们希望为这两个项目感到自豪，它们对国家和我们公司都具有战略和象征意义. 它们象征着纳希切万从一个能源依赖地区转变为清洁能源出口国的关键转变. The second project signifies a light of resilience, 复兴曾经充满活力的贾布拉伊勒地区，该地区因占领而遭受了三十年的破坏.

Contributing to a Better World 

What makes Nobel Energy confident to undertake such critical projects? It's our rich expertise and capabilities, built on decades of experience, visionary strategies, and adaptable transformations. These assets not only empower us to emerge as green energy producer, but also enable us to deliver innovative end-to-end solutions to our clients across the domain. 

Our dedication goes beyond just producing energy. We're deeply committed to reducing the impact of greenhouse gas emissions. Through our carbon capture line, 皇冠体育app公司以可靠的解决方案引领行业，帮助重工业利用碳捕获和储存技术减少碳足迹, meeting stringent low carbon fuel standards. 

For onshore oil and gas facilities aiming to reduce their carbon emissions in the long run, we have the expertise and capacity to facilitate their carbon capture needs.

Just to give an example, 我们设计了一个海上平台，专门用于在墨西哥湾浅水区注入和储存二氧化碳. This platform, built for remote operations, uses top-notch automation for reliable functions and monitoring. This means fewer maintenance trips, lower risks, and higher efficiency in operations and production, and most certainly managing their CO2 output. 

We also pioneer innovative engineering, fabrication, and assembly of modular processing and treating systems, and our commitment to sustainability of energy extends to pioneering technologies like renewable natural gas, hydrogen production, and gas distillation, all of which redefine sustainable energy solutions.

Looking ahead, Nobel Energy aims to establish an innovative and sustainable energy ecosystem over the coming decade, targeting an installed mix of 5GW in thermal and renewable energy generation capacities. 

Our roadmap involves strategic investments, partnerships, and diverse operational models, with initial focal points in Azerbaijan, followed by expansion across the region.

Thank you for your attention.