In a significant development, MAIRE has announced its cooperation with the Ministry of Energy of the Republic of Azerbaijan to advance energy transition initiatives in Central Asia. The partnership includes MAIRE's subsidiaries NEXTCHEM and Tecnimont Services collaborating with SOCAR Green, a subsidiary of SOCAR, to explore opportunities in renewable energy, low-carbon technologies, waste-to-energy solutions, green hydrogen, methane emissions reduction, and biofuels in Azerbaijan. These projects align with Azerbaijan's ambitious target of reducing greenhouse gas emissions by 35% by 2030. Furthermore, NEXTCHEM has entered into a separate agreement with Uzbekneftegaz OJSC to facilitate decarbonization and infrastructure enhancement in Uzbekistan. The focus will be on producing Sustainable Aviation Fuel (SAF) from waste and other materials, utilizing NEXTCHEM's proprietary technologies. Alessandro Bernini, the CEO of MAIRE, expressed enthusiasm for the collaborations, highlighting the company's dedication to implementing advanced technological and engineering solutions in the Caspian region. The longstanding partnership with SOCAR, stretching over a decade, reflects MAIRE's commitment to supporting sustainable projects and decarbonization efforts in the region.