05 March 2026 - Croatia-based ENNA Group and the Azerbaijan Renewable Energy Agency (AREA) have signed a Memorandum of Understanding
16 February 2026 - The combined cycle plant is expected to have an installed capacity of around 500 MW, with the investment estimated at EUR 600 million
26 September 2025 - Serbia has completed the negotiations with Azerbaijan on the construction of a natural gas power plant near the city of Niš