The third announced project is a 100 MW floating solar power plant with a 30 MWh battery storage system to be located on Lake Boyukshor, close to Azerbaijan’s capital Baku. The agreement is in place between the ministry, Socar Green and China Datang Overseas Investment Co. Ltd, which is set to be the main investor.
Azerbaijan’s Ministry of Energy has signed three investment agreements for three separate solar projects involving cooperation from Chinese companies. The first agreement is for the evaluation, development and implementation of a 160 MW solar plant.
That includes 23,000 megawatts of solar energy, 3,000 megawatts of wind, 3,000 megawatts of biomass burning, and 700 megawatts of geothermal energy. The optimistic estimates for Azerbaijan’s wind and solar potential are backed up by the International Renewable Energy Agency (IRENA) in a November report.
The second agreement concerns a 100 MW solar power plant to be built in the Gobustan district of eastern Azerbaijan. It is between the ministry, Universal Solar Azerbaijan LLC and an unnamed Chinese company whose cooperation was determined through an auction.
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The third announced project is a 100 MW floating solar power plant with a 30 MWh battery storage system to be located on Lake Boyukshor, close to Azerbaijan’s capital Baku.
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The third announced project is a 100 MW floating solar power plant with a 30 MWh battery storage system to be located on Lake Boyukshor, close to Azerbaijan’s capital Baku.
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