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

"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 ...

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

The energy mix plan also aims to localise gas turbine manufacturing and allow for the utilisation of carbon capture technologies readiness as part of the ministry’s endeavors to achieve the Saudi Visi ...

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

Saudi Power Procurement Company (SPPC) has announced consortiums led by global utility majors - International Company for Water and Power Projects (Acwa Power) and Abu Dhabi energy group Taqa - as ...

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

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

Barloworld is in talks with a group of investors that includes a unit of Saudi Arabia’s Zahid Group about the acquisition of ...

The Saudi Power Procurement Company (SPPC) has awarded 7.2GW power project contracts to consortiums led by Saudi Electricity ...

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