The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership. UAE’s Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The plant is expected to start commercial operations in early 2023. The 230-megawatt (MWac) project is the country’s first foreign investment-based […]
UNDER THE PATRONAGE OF THE SAUDI MINISTER OF ENERGY, ACWA POWER SIGNS THREE AGREEMENTS FOR THE FIRST FOREIGN INVESTMENT BASED INDEPENDENT WIND POWER PROJECT IN AZERBAIJAN
Riyadh, Saudi Arabia : Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions. The virtual signing ceremony was attended by His Royal Highness […]