Baku: Azerbaijan’s Ministry of Energy and Clean Energy Capital (CEC) LLC, a subsidiary of Green Energy Company (AGEC) LLC, has signed an Implementation Agreement to advance a major offshore wind project, Trend reports via the ministry. The project envisions the creation of a 600 MW offshore wind facility in the Caspian Sea, beginning with an initial phase of 200 MW.
According to Trend News Agency, under the agreement, CEC will conduct research and technical studies within the designated marine zone to shape the project’s next stages and ensure its effective implementation. The agreement marks a significant development in Azerbaijan’s renewable energy sector, aiming to leverage the vast potential of the Caspian Sea for sustainable energy production.