Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
BAKU, Azerbaijan, Oct. 26, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, the UAE's clean energy powerhouse, has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region's largest operational solar plant, the 230MW Garadagh Solar Park.
- This follows the successful development of Garadagh, Azerbaijan's first foreign investment-based independent solar power project, and the largest solar plant in the region.
- The 1GW clean energy agreements were signed by Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi, Azerbaijan Minister of Energy, HE Parviz Shahbazov and Azerbaijan Minister of the Economy, HE Mikayil Jabbarov.
- "The UAE is proud to support Azerbaijan's clean energy goals, to generate more than 30 percent of its overall energy capacity from renewables by 2030.
- Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: "The inauguration of Garadagh, the largest operational plant in the region, is a milestone achievement.