"The first offshore wind power plants are planned to be built in Azerbaijan as part of the joint project," SOCAR said. A total of 3.5 GW in capacity is expected. SOCAR said that President Rovshan ...

The MoU was signed by Rovshan Najaf, President of SOCAR, Abdulaziz Alobaidli, Chief Operating Officer of Masdar, and Marco ...

Abu Dhabi’s clean energy company Masdar is to work with Socar Green and Acwa Power to explore the development of offshore ...

Once completed, the Absheron-Khizi Wind Farm will contribute significantly to reducing the Azerbaijan’s carbon footprint ...

COP29 host Azerbaijan received a boost to plans to develop offshore wind in the Caspian Sea as it signed new agreements with ...

Saudi Arabia’s renewable giant ACWA Power said it currently has 26 projects under construction, marking the highest number in its 20-year history. The 700-megawatt (MW) Ar Rass Solar PV plant in Saudi ...

ACWA Power has secured financial close for senior debt facilities worth $238m to finance the Absheron-Khizi 240MW Wind Farm ...

Saudi Power Procurement Company (SPPC) has announced consortiums led by global utility majors - International Company for ...

BAKU. Nov 5 (Interfax) - Saudi-Arabia's ACWA Power has raised a loan of $238 million to build the 240 MW Khizi-Absheron wind power plant in Azerbaijan, the company said on its website. It said the ...

ACWA Power Co (SAU:2082) reports robust project expansion and financial achievements, despite facing operational and legal hurdles.

BAKU, Azerbaijan, November 15. The State Oil Company of the Republic of Azerbaijan (SOCAR), Masdar Company from the UAE, and ...

Kazakh Ambassador to Saudi Arabia, Madiyar Menilbekov, announced that his country eagerly anticipates the completion of ACWA Power’s first wind energy project in the Zhetysu region. This project, led ...