Masdar and SOCAR’s solar projects align with Azerbaijan’s push for green energy by 2030. (Image Source: Masdar)
UAE-based Masdar and SOCAR Green secured $600 million in financing from EBRD, ADB, and AIIB. The funds will support two solar projects in Azerbaijan with a combined capacity of 760 MW—445 MW in Bilasuvar and 315 MW in Neftchala. The agreements were signed during COP29 in Baku. Construction is expected to be completed by early 2027. The projects align with Azerbaijan’s renewable energy plans and Masdar’s regional efforts, following the 230 MW Garadagh solar plant.
European Bank for Reconstruction and Development (EBRD),
Asian Development Bank (ADB)
Asian infrastructure and Investment Bank (AIIB)
The Blairs Valley project supports 4,500 homes along with pollinator-friendly seed mixes and wildlife-friendly fencing. (Image Source: CleanChoice Energy)
The DMxxxM10T-B32HBT module weighs just 15.3 kg, making rooftop solar installations easier and faster. (Image Source: DMEGC Solar)
The solar rack expands to 1,000 watts when parked, maximizing energy capture, and contracts to 360 watts while driving.
Bankability certification ensures Trinasolar’s modules meet global standards for quality and performance. (Image Source: Trinasolar)