Saudi ACWA Power to build two 2.5 GW windfarms in Azerbaijan and develop energy storage systems

BAKU. Feb 3 (Interfax) - The Azerbaijan Energy Ministry and Saudi Arabia's ACWA Power have signed a number of documents in Baku specifically related to the construction of two wind farms in the republic with a total capacity of 2.5 GW.

An executive contract on the implementation of an offshore wind power project with a capacity of up to 1.5 GW, a memorandum of understanding on the creation of an onshore wind power plant with a capacity of 1 GW and a memorandum of understanding on the development of energy storage systems in Azerbaijan were signed, an Interfax-Azerbaijan correspondent said.

The documents were signed during the ninth ministerial meeting of the Southern Gas Corridor Advisory Council and the first ministerial meeting of the Green Energy Advisory Council.

"Starting today, our partnership with ACWA Power is expanding with projects to create wind farms with a total capacity of 2.5 GW and, for the first time in our country, energy storage systems," Azerbaijani Energy Minister Parviz Shahbazov said.

These projects are another contribution to the implementation of the state policy for the development of Azerbaijan as a country of "green growth" and a supplier of "green" energy, he said.

"Our activities together with ACWA Power are important not only for providing new capacity for the planned green energy corridor from the Caspian to Europe, but also for reducing carbon emissions and accelerating the energy transition," Shakhbazov said.

Currently, ACWA Power is cooperating on the construction of the Khizi-Absheron wind farm with a capacity of 240 MW.

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