Sunday, July 7, 2024

Masdar signs 1 GW clean energy deals in Azerbaijan

  • Masdar signs 1 GW PV and wind projects, part of 10 GW renewable pipeline in Azerbaijan.
  • 230 MW Garadagh Park, the region’s largest foreign-funded PV plant is inaugurated.
  • Park generates 500M kWh/year, powers 110K+ homes, and cuts 200K tons CO2/year.
  • UAE supports Azerbaijan’s aim for 30% renewable energy by 2030.
Masdar operates in 40+ countries, with 20GW capacity and $30B investments. Illustrated by SolarBytes.
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