Photo from Masdar

Masdar strikes 1GW clean energy agreement with Azerbaijan

The agreements came after the launch of the 230MW Garadagh Solar Park.

UAE-based energy firm Masdar has signed three investment deals for solar and onshore wind projects with an overall capacity of 1 gigawatt (GW) in Azerbaijan.

The agreements followed after the launch of the 230MW Garadagh Solar Park, Masdar’s first renewable project in Azerbaijan, the first foreign investment-based solar power project in the country and the largest operational solar plant in the region.

Through Masdar, progress will go through for the first phase of a 10GW production line of renewable energy projects in Azerbaijan that started in 2022. And it will set as a milestone in Azerbaijan's 2030 clean energy ambitions.

ALSO READ: South Korea and Saudi ink deals for clean energy expansion

“Azerbaijan's ambition to develop low and zero-carbon solutions through renewable energy is exactly what the world needs at this time. We need all nations of the world to set out clear energy transition plans with clear targets for renewable energy capacity,” Dr. Sultan Al Jaber, COP28 President-Designate and Chairman of Masdar weighed in.

Masdar also plans its expansion over the Caucasus region and Central Asia.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.
Power Utility
PLN focuses digital processes on equitable electricity distribution
State-run firm’s president succeeded in electrifying 76,900 villages and sub-districts throughout Indonesia.
VOX POP: How can vehicle-to-grid technologies boost energy transition?
Vehicle-to-grid (V2G) technology is seen as a groundbreaking innovation towards the resilience of the power grid and the improvement of robust energy transition.