Lebanon Lebanon
Countries

Energy Library

Search

UAE-based renewable energy company Masdar has announced the formal start of construction for its 230-megawatt (MW) Garadagh solar PV plant in Azerbaijan.

The plant is the country’s first foreign investment-based independent solar power project. Furthermore, Masdar signed four agreements related to the development of additional clean energy projects across the country.

The Abu Dhabi-based company had signed agreements to develop the Garadagh project, situated nine kilometers northwest of the Alat settlement, in April of last year, with the plant expected to start commercial operation in 2023.
The project will help to generate half a billion kilowatt-hours of electricity annually, adequate to meet the needs of over 110,000 houses, and will reduce emissions by more than 200,000 tons a year, a statement said. The Abu Dhabi Fund for Development (ADFD) is a finance partner for the project.