Baku: Masdar plans to start construction of a 240 MW wind power plant in Azerbaijan by the end of this year, Maryam Rashed Al Mazrouei, Head of Business Development and Investment for the CIS region at Masdar, said at the 30th anniversary “Baku Energy Forum” held in Baku, APA-Economics reports.
According to Azeri-Press News Agency, the 240-megawatt wind power plant project is currently at an advanced stage of development. Al Mazrouei expressed hope that construction work would commence by the end of this year. She also noted that Masdar’s solar energy projects in Azerbaijan are currently under construction and are scheduled to start generation next year.
Al Mazrouei emphasized that Azerbaijan is one of the strategic markets for Masdar. She highlighted several initiatives in Azerbaijan and the region aimed at exporting green electricity to neighboring countries and Europe, which Masdar fully supports. Additionally, she reiterated Masdar’s readiness to prepare and implement renewable energy projects for green energy export.