TAG: "COP 29"

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Masdar, SOCAR Green and ACWA Power Join Hands to Develop 3.5 GW Offshore Wind Projects in Azerbaijan

Abu Dhabi-based renewable energy company Masdar has signed an MoU with Saudi-based ACWA Power and SOCAR Green, a subsidiary of Azerbaijan's state oil company SOCAR to develop 3.5 GW of offshore wind projects in the Azerbaijan section of the Caspian Sea. It would be the country’s first offshore wind farm.

COP 29 | November 15, 2024 | By Mrinmoy Dey 721

EKI Energy Registers Azerbaijan’s Inaugural Voluntary Carbon Market Ahead of COP29

EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project using solar energy, marking a major step in the region’s shift toward sustainable energy sources ahead of COP29. The 230 MW solar project is also the nation’s first-ever large-scale solar project.

COP 29 | November 08, 2024 | By Mrinmoy Dey 780

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