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