HomeNewsMasdar agrees to develop 4 GW of clean energy projects in Azerbaijan

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Masdar agrees to develop 4 GW of clean energy projects in Azerbaijan

6/8/2022

Masdar - Press Release   Masdar, one of the world’s leading renewable energy companies, has signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession, with the right to develop an additional 6,000 MW as a second phase, bringing the total production capacity of these projects to 10,000 MW – the largest such signing in Azerbaijan’s history. Masdar signed two implementation agreements, one relating to the development of onshore wind projects with a capacity of 1,000 MW, and 1,000 MW of solar photovoltaic (PV) proj

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