INTEC Energy Solutions has secured an engineering, procurement, and construction (EPC) contract for the 288 MWp Shafag (Jabrayil) solar project in Azerbaijan. The contract has been awarded by Shafag (Jabrayil) Solar Limited and covers the […]
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has entered into an agreement with Enfinity Global. Under the agreement, SOFAZ will acquire a 49 per cent equity interest in a 402 MW portfolio […]
bp, along with its partners has entered into a series of agreements in Azerbaijan. The agreements include final investment decisions (FID) for the development of the Shah Deniz Compression project, the Shafag solar, and the […]
JinkoSolar has inked a module supply agreement with HuanTai Energy for the Gobustan solar project in Azerbaijan. The 100 MW solar project will adopt JinkoSolar’s N-type TOPCon modules. The modules have technical advantages including higher […]
The Asian Development Bank (ADB) has inked a memorandum of understanding (MoU) with the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan. This MoU has been inked to support […]
The COP29 summit in Baku, Azerbaijan, concluded with the adoption of the Baku Finance Goal (BFG), which commits developed nations to mobilise $300 billion annually by 2035 and aims for $1.3 trillion in climate finance […]
Azerbaijan’s Ministry of Energy has successfully completed its first renewable energy auction, awarding a 100 MW solar power project to Universal International Holdings. The Chinese company secured the contract with a competitive bid of $0.0354 […]
ACWA Power, Masdar and State Oil Company of Azerbaijan Republic (SOCAR) have inked a memorandum of understanding (MoU) to build 500 MW of renewable energy projects in Nakhchivan Autonomous Republic of the Republic of Azerbaijan. […]
Masdar has finalised investment deals for onshore wind and solar projects with an overall capacity of 1 GW in Azerbaijan. Reportedly, the agreements follow the opening of Masdar’s 230 MW Garadagh solar power facility in […]
ACWA Power, a leading Saudi developer has announced that four separate agreements have been finalised for the development of new renewable energy in the Republic of Azerbaijan. In line with ACWA Power’s commitment to lead […]
Masdar, an energy company based in the UAE has inked agreements with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop 4 GW of wind and solar power capacity integrated with green […]
Fortescue Future Industries (FFI) and the Ministry of Energy of the Republic of Azerbaijan have agreed to collaborate in order to research and develop viable green hydrogen and renewable energy projects in Azerbaijan. The Agreement […]
Masdar, a state-owned energy company in the UAE, has reached financial close on its Garadagh solar photovoltaic plant in Azerbaijan. The 230 MW solar project is the company’s first in Azerbaijan, as well as the […]
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