The Northwest Electric Power Design Institute of China Power Engineering Consulting Group (NWEPDI) has signed an engineering, procurement and construction contract with Abu Dhabi Future Energy Company (Masdar) for the 445MW Bilasuvar and 315MW Banka PV projects in Azerbaijan.
The announcement was made by the country’s president, Ilham Aliyev, during the opening ceremony of the Conference of the Parties 29 (COP29) summit, held in Baku, Azerbaijan.
UAE state-owned renewable energy developer Masdar has announced two large-scale renewables development plans this week, in Saudi Arabia and Azerbaijan.
The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.