BAKU, Azerbaijan, October 6.
China's Sunsync company has begun construction of solar panel
production plants covering 23 hectares in Azerbaijan’s Alat Free
Economic Zone (AFEZ), Chairman of the Board of AFEZ Valeh Alasgarov
told Trend in an
exclusive interview on Tuesday on the sidelines of the
German-Azerbaijani Connectivity Conference in Baku.
According to him, construction work began some time ago.
"The three modern production facilities are scheduled to be
commissioned in stages next year," he said.
On September 10, 2025, during a visit to China by a delegation
led by Deputy Prime Minister and Co-chair of the Azerbaijan-China
Intergovernmental Commission Shahin Mustafayev, an investment
agreement was signed in Chengdu. The agreement, concluded between
the authorized body of the Alat Free Economic Zone and the Chinese
high-tech company Sichuan Sunsync Photovoltaic Technology Co.,
Ltd., concerns the establishment of a solar panel manufacturing
plant within the Alat Free Economic Zone.
The document was signed by Valeh Alasgarov, Chairman of the
Board of the authorized body of the Alat Free Economic Zone, and
Xie Yi, founder and chairman of Sichuan Sunsync Photovoltaic
Technology Co., Ltd.
According to the agreement, the company will construct three
modern manufacturing facilities on a 23-hectare industrial site,
fully equipped with the necessary infrastructure and utilities,
within the Alat Free Economic Zone.
The facilities will produce solar panels with an annual
production capacity of 3 gigawatts (GW), as well as silicon
crystals and components. The solar panels manufactured at the site
will also be used in the construction of a solar power plant that
the company is set to build within the Alat Free Economic Zone. The
majority of the products will be exported to global markets,
further strengthening Azerbaijan's position as a strategic hub for
renewable energy production.
With assets totaling $1.7 billion, Sichuan Sunsync has rapidly
established itself as a leading company in the solar panel
manufacturing sector.
