Nobel Energy to Construct 400 MW Solar Power Plant in Azerbaijan
An MoU was signed between Nobel Energy and Ministry of Energy of Azerbaijan. The solar power plant would be located in Nakhchivan.
June 08, 2023. By Anurima Mondal
The MoU was signed by Elnur Soltanov, Deputy Minister of Energy Azerbaijan and Vugar Samadli, CEO Nobel Energy in a special ceremony on ‘Green energy potential of Nakhchivan and Eastern Zangazur’ held in Nakhchivan, Azerbaijan, on June 3.
The development of a solar power plant, to be located in Nakhchivan, follows the government’s systematic efforts in promoting clean energy and reducing carbon emissions by establishing ‘green energy zones’ across the country.
The memorandum reflects a shared commitment to using the potential of renewable energy to drive economic growth and sustainable development. The solar power plant will leverage advanced solar technology to generate clean and reliable electricity. By using the abundant solar resources of the region, the project aims to contribute to Turkey’s national grid, as well as the local energy supply.
Vugar Samadli said, “This development follows our transformation strategy to be part of the solutions to help all our stakeholders to get affordable and reliable energy, while reducing environmental impacts. It reflects our shared commitment with the government to harnessing the potential of renewable energy to drive economic growth and sustainable development”.
This MoU represents a significant step forward in the journey towards a greener and more sustainable future.
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