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Masdar to develop mega projects in Azerbaijan

Monday, June 6 2022

General – Azerbaijan

The Abu Dhabi-based company Masdar signed agreements to develop up to 10,000MW of clean and renewable energy projects in Azerbaijan.

Clean Energy, signing the agreements on behalf of Masdar, at an event in Shusha, held as a special session of Baku Energy Week.

In a statement, the Abu Dhabi-based world’s leading renewable energy company said it signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop mega projects in the country with a combined confirmed capacity of 4,000MW as an exclusive concession, with the right to develop an additional 6,000MW as a second phase, bringing the total production capacity of these projects to 10,000 MW — the largest such signing in Azerbaijan’s history.

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Filed Under: Azerbaijan, International News, Masdar Tagged With: Azerbaijan, Masdar


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