(MENAFN- AzerNews) By Ayya Lmahamad
Azerbaijan and Spain have signed a memorandum of understanding
on the implementation of the Garadagh Wind Power Plant project,
Azernews reports.
The document was signed between the Azerbaijan Investment
Company OJSC, Caspian HDG LLC, and Spanish Elecnor Company, which
specializes in the alternative and renewable energy sector.
'Azerbaijan Investment Company OJSC (@AIC_OJSC), Caspian HDG LLC
and Spain's Elecnor Company, which specializes in the field of
alternative and renewable #energy, have signed a
#MemorandumofUnderstanding on the implementation of the Garadagh
Wind Power Plant project,' Azerbaijan's Economy Minister Mikayil
Jabbarov .
Azerbaijan, like many countries in the world, is actively moving
towards green energy. Nowadays, the country is implementing
different projects and taking various measures in the alternative
energy sector.
In this context, last year, Azerbaijan and the UAE signed
agreements on pilot projects in renewable energy. Under the
agreement, the building of a 230-MW solar power plant is
envisaged.
On March 15, a groundbreaking ceremony for the 230 MW Garadagh
solar power plant, to be constructed by the UAE Masdar company, was
held in Baku's Gulustan Palace. The plant is designed to produce
500 million kWh of electricity per year and supply it to
approximately 110,000 households. It will reduce gas consumption by
110 million cubic meters and environmental emissions by 200,000
tons.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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