Masdar starts building 760MW solar PV projects in Azerbaijan
- Admin
- Jun 5, 2024
- 1 min read
Masdar, a UAE state-owned renewable energy developer, is constructing two solar PV projects in Azerbaijan in collaboration with SOCAR. The projects include a 445MW Bilasuvar project, a 315MW Neftchala project, and a 240MW wind project. Investment agreements were reached in October 2023. Azerbaijan aims to generate 30% of its energy capacity from renewables by 2030.
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