Masdar and the State Oil Company of Azerbaijan (SOCAR) have broken ground on three solar and wind projects in Azerbaijan with a capacity of 1GW.
The three projects include the 240MW Absheron-Garadagh Onshore Wind Project, the 445MW Bilasuvar Solar PV Project, and the 315MW Neftchala Solar PV Project. Investment agreements for the projects were reached in October 2023, followed by the signing of power purchase agreements, transmission connection agreements, and land lease agreements.