Azerbaijan has launched the country’s biggest renewable energy investment project to date: the construction of two solar plants and a wind power plant. It marks a major step in Baku’s ambitious plan to generate 30 percent of its power needs via renewable sources by 2030.
The three plants – the 445 Megawatt (MW) Bilasuvar solar facility, the 315 MW Neftchala solar plant and the 240 MW Absheron-Garadagh wind farm are being developed by a consortium of UAE renewable energy company Masdar and Azerbaijan’s state oil company Socar.
Speaking at the groundbreaking ceremony for the three plants, held during Baku’s “Energy Week” conference, Azerbaijan’s energy minister, Parviz Shahbazov, said the projects were a signal of the country’s “solidarity and commitment to energy transition” ahead of hosting the UN COP 29 Climate Change Conference in November this year.
Sultan Al Jaber, the UAE’s minister of industry and advanced…
