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Financial Close Achieved For 230MW Solar PV Project In Azerbaijan
- 04 Aug 2022
News: UAE-based energy firm Masdar has achieved financial close for a 230MW solar photovoltaic (PV) plant in Azerbaijan. Called Garadagh, the PV plant is financed by Abu Dhabi Fund for Development, the Asian Development Bank, the European Bank for Reconstruction and Development and the Japan International Cooperation Agency. The solar power plant, expected to generate 500GWh of electricity per annum, is likely to start operations in 2023 (NS Energy).
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