Within the framework of Baku Energy Week, Shareholders’ Agreements on three renewable energy projects were signed between the State Oil Company of the Azerbaijan Republic (SOCAR) and the Masdar company of the United Arab Emirates, APA-Economics reports.
Noted that the Minister of Economy of Azerbaijan, Chairman of the Supervisory Board of SOCAR Mikayil Jabbarov and the Minister of Industry and Advanced Technologies of the United Arab Emirates Sultan Ahmed Al-Jaber participated in the signing ceremony.
The agreements cover one wind and two solar power plant projects in Azerbaijan.
Source: Azeri-Press news agency