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Baku's Renewable Push Gains Momentum with New Solar and Wind Projects
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 ... (full story)
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- Posted: Jun 9, 2024 9:20am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 291
