Azerbaijan Inks Contract For 250 Mwh Battery Energy Storage System Project
YEO Technology said that the document was signed for the
financing-inclusive turnkey installation of a 250 MWh Battery
Energy Storage System, with a total contract value of USD
58,600,000.
Reportedly, the financing of the project, to be carried out under
the scope of EPC-F (Engineering, Procurement, Construction and
Financing), will be provided by local banks with a total repayment
period of four years.
“Following the two systems with a total capacity of 500 MWh, for
which contracts were signed in 2025 and which were commissioned in
the second quarter of 2026, this project will further contribute to
Azerbaijan's energy storage capacity,” said YEO Technology.
The company noted that within the scope of the project, the
engineering, procurement, construction, installation and
commissioning of the battery, PCS, BMS and EMS systems, as well as
the high-voltage transformer substation and grid integration, will
be carried out.
“Construction works will commence promptly, and the entire system
will be commissioned within one year. The batteries to be used in
the project will be manufactured by REAP Battery, a group company
of ours,” said YEO Technology.
Will be updated
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