Masdar begins building 230-MW solar farm in Azerbaijan
- Abu Dhabi Future Energy Company PJSC (Masdar) revealed that it has released the construction of the 230-MW Garadagh solar farm in Azerbaijan, as well as signed new agreements to promote clean energy projects in the Eurasian country.
Garadagh is Azerbaijan's first international investment-based independent solar energy project, according to the UAE renewables company. The Abu Dhabi Fund for Development, a government agency, served as a key finance companion for the project, Masdar claimed.
The solar farm site is located 9 kilometres northwest of the Alat negotiation. Masdar anticipates Garadagh to get to commercial operation in 2023, and also generate around 0.5 TWh annually.
While in Azerbaijan, Masdar took the opportunity to sign 4 memoranda of understanding (MoUs) with different celebrations, all pertaining to the clean energy development, the company additionally mentioned.
"We anticipate building on our presence here in Azerbaijan, as well as aiding the nation accomplish its renewable energy objectives via these agreements," Mohamed Jameel Al Ramahi, the CEO of Masdar, claimed in a statement.
Azerbaijan has the possibility for an approximated 23,040 MW of solar power, Masdar included, citing data from the International Renewable Energy Agency (IRENA).
