Masdar Azerbaijan Announces Completion Dates For Three Renewable Energy Projects (Exclusive)
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 5. Solar power plants in
Azerbaijan's Neftchala and Bilasuvar are expected to be
commissioned in 2026, while construction of the Absheron-Garadagh
wind power plant will take three years, Murad Sadikhov, Director of
Masdar Azerbaijan said in an exclusive interview with Trend.
Sadikhov emphasized that these projects are part of UAE-based
Masdar's mega-project initiative.
"On June 4, 2022, in Shusha, we signed two implementation
agreements with the Ministry of energy of Azerbaijan. As part of
these projects, we planned to build and commission power plants
with a capacity of 1 gigawatt of solar and 1 gigawatt of wind
energy in the first and second phases each.
On June 4, a groundbreaking ceremony was held for the 1-gigawatt
project as part of the first phase. These projects include the 240
MW Absheron-Garadagh wind power plant (located on the Baku-Shamakhi
highway, in the territory of Absheron and Garadagh), a 315 MW solar
power plant in the Banke settlement of Neftchala region, and a 445
MW solar power plant in Bilasuvar. Construction of the solar power
plants will be completed in approximately two years, with full
operation expected in the second quarter of 2026. The wind power
plant's construction and commissioning will take about three years.
These are preliminary calculations, and a more precise schedule
will be presented later as the projects develop," he explained.
On June 4, President of the Republic of Azerbaijan Ilham Aliyev
and UAE Minister of Industry and Advanced Technology Sultan bin
Ahmed Al Jaber laid foundation stones for Neftchala, Bilasuvar
solar power plants and Absheron-Garadagh wind power plant.
The ceremony took place at the opening of the 29th International
Caspian Oil & Gas Exhibition - Caspian Oil & Gas and the 12th
Caspian International Power and Green Energy Exhibition - Caspian
Power as part of the Baku Energy Week at the Baku Expo Center.
Annex to Investment Agreement, Energy Purchase Agreement,
Agreement on Connection to Transmission Network and Land Lease
Agreement on projects of 445 MW Bilasuvar SPP, 315 MW Neftchala SPP
and 240 MW Absheron-Garadagh WPP were signed between the Ministry
of Energy and Azerenergy OJSC and Masdar of the United Arab
Emirates on June 4 in Baku.
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