ACWA Power Stands Ready To Partake In SOCAR And Masdar's Green Energy Export Project
Date
9/18/2024 5:18:06 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 18. ACWA Power is
ready to take part in the project of export of“green” energy from
the Nakhchivan Autonomous Republic through Türkiye to the EU, which
is being prepared together with SOCAR and Masdar, Business
Development Director of ACWA Power Azerbaijan, Polina Lyubomirova,
said during the 12th Caspian Energy Forum in Baku, Trend
reports.
Meanwhile, the project concerns the possibility of supplying 1
GW of "green" electricity from the autonomy to the EU.
Lyubomirova also informed about the progress of works on the
construction of wind farms in Khizi and Absheron Peninsula with a
total capacity of 240 MW, which will be put into operation in
2025.
“Projects in Azerbaijan are among the priorities of global ACWA
Power. In addition to the creation of renewable energy sources and
export of energy from renewable energy sources, we are studying
issues on the development of hydrogen strategy in Azerbaijan,
creation of energy storage facilities, and water desalination,” the
company's representative said.
According to her, ACWA Power is ready to share its global
experience in the implementation of projects in Azerbaijan.
“We are optimistic about the diversification of the economy in
Azerbaijan; many technological innovations are being implemented
here. We believe in the success of our projects in this country,”
Lyubomirova emphasized.
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