Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Facebook Twitter Instagram
India Edition | South East Asia Edition
Facebook Twitter LinkedIn
Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Renewable Energy StoriesRenewable Energy Stories
Home » Masdar Opens Office in Azerbaijan to Speed Up Renewables
Other Renewables
Azerbaijan

Masdar Opens Office in Azerbaijan to Speed Up Renewables

By Saur News Bureau Fri, Feb 10th, 2023
Masdar office in Azerbaijan
Masdar Office Inauguration Baku
Share
Facebook Twitter LinkedIn Pinterest Email

UAE flagship RE developer Masdar has opened its new office in Baku, the capital city of Azerbaijan to provide speed and strength to renewable energy development in the Central Asian country.

The inauguration event for the office, located in Port Baku Tower, was attended by many high dignitaries, Masdar officials and other industry guests. Masdar said that it will work closely with the government and other stakeholders in Azerbaijan to accelerate the growth of its renewable energy sector, as the country movers towards a low-carbon future.

Dr Sultan Ahmed Al Jaber, Chairman, Masdar, said, “The UAE and Azerbaijan both recognize the importance of investing in renewable energy to advance economic diversification, stability, and growth. Masdar’s increasing scope of work in Azerbaijan, evidenced by its new Baku office, demonstrates the UAE’s commitment to supporting decarbonization and sustainable development around the world.”

Mohamed Jameel Al Ramahi, CEO, Masdar, stated, “The opening of our new office in Baku is a testament to Azerbaijan’s increasing focus on renewable energy and Masdar’s growing global portfolio, which we have pledged will reach 100 GW by 2030.”

Azerbaijan plans to increase its installed power capacity to 30 percent from renewable sources by 2030, to diversify its economy and reduce greenhouse gas emissions. The Government has targeted developing renewable energy sources as a strategic priority for the country’s development, and is looking to establish Azerbaijan as a green energy producer and exporter.

Ilham Aliyev, President of Azerbaijan, reiterated at Abu Dhabi Sustainability Week the country’s clean energy objectives and highlighted how its partnership with Masdar will help in achieving them.

At ADSW, Masdar signed joint development agreements for onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a total combined capacity of 4 GW. The projects are part of a larger agreement with Azerbaijan’s Ministry of Energy to develop a renewable energy program on a bilateral basis, with a total capacity of 10 GW across multiple technologies, one of the largest such signings in Azerbaijan’s history.

Masdar is also developing the 230-megawatt Garadagh Solar PV Plant in Azerbaijan.

Abu Dhabi Sustainability Week Azerbaijan decarbonization Dr Sultan Ahmed Al Jaber Garadagh Solar PV Plant Ilham Aliyev low-carbon MASDAR Masdar new office in Central Asia Baku Mohamed Jameel Al Ramahi Port Baku Tower renewable energy sustainable development
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Saur News Bureau
  • Website

Related Posts

Hidroelectrica & Masdar Form JV for Green Projects in Romania

March 22, 2023

International Finance Corporation Invests in Jordan’s First Green Bond

March 14, 2023

UAE’s EWEC Report Wants 3 GW Solar Power Addition by 2030

March 10, 2023

Comments are closed.

Latest News
  • Oman & Germany Discuss Renewable Energy Projects
  • Qatar Gets its First Green Guarantee for Solar Project by Siemens
  • DEWA & Dubai Airports Join Hands to Promote Sustainability
  • Saudi Arabia Steps Up Efforts on Renewable Energy
  •  Green Economy Key Priority for Dubai Free Zones Council
Solar News

Oman & Germany Discuss Renewable Energy Projects

March 30, 2023

Qatar Gets its First Green Guarantee for Solar Project by Siemens

March 30, 2023

DEWA & Dubai Airports Join Hands to Promote Sustainability

March 30, 2023

Saudi Arabia Steps Up Efforts on Renewable Energy

March 29, 2023
ADVERTISE WITH US

We are the no.1 B2B solar media in India. With SaurEnergy, you have a full menu of options to pick from to reach the largest audience for your products and services.

To get in touch, contact us at info[at]saurenergy.com

Or Call at 9891147599 / 8802315631

Facebook Twitter Instagram YouTube LinkedIn WhatsApp
Latest News
  • Oman & Germany Discuss Renewable Energy Projects
  • Qatar Gets its First Green Guarantee for Solar Project by Siemens
  • DEWA & Dubai Airports Join Hands to Promote Sustainability
  • Saudi Arabia Steps Up Efforts on Renewable Energy
  •  Green Economy Key Priority for Dubai Free Zones Council
SAURENERGY NEWSLETTER

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

    [mc4wp_checkbox]

    © 2023 Saurenergy International.

    Type above and press Enter to search. Press Esc to cancel.

    en English
    ar العربيةzh-CN 简体中文en English
    Newsletter Subscription

      [mc4wp_checkbox]