Azerbaijan Energy Ministry signs deals for solar power plants in Nakhchivan
Energy
- 23 February, 2026
- 13:44
Add Report.az to preferred Google sources
Stay up to date with the top news!
Azerbaijan's Energy Ministry has signed agreements on two 25 MW solar power plant projects in the Nakhchivan Autonomous Republic, Minister Parviz Shahbazov said on X, Report informs.
The agreements were signed with CEI Nakhchivan LLC for the Shams 1 solar power plant and with Enerso LLC for the Garbi Ufug solar power plant project.
The documents include investment, power purchase and grid connection agreements.
"The total investment value of these projects exceeds 60 million manats ($35.3 million). They represent an important step taken through private investment toward developing Nakhchivan as a green energy zone," Shahbazov wrote on X.
Photo
Photo
Latest News
12:59
Milli Majlis: Events in France - indicator of political bankruptcy of country's government
Milli Majlis
12:56
Azerbaijan develops roadmap for energy sector actions through 2060
Energy
12:47
Photo
Business model, investment opportunities for Green Energy Corridor discussed in Baku
Energy
12:38
Azerbaijan to integrate procurement, accounting, treasury codes into single system
Finance
12:36
Azerbaijan to integrate private sector into state's e-document network
Finance
12:35
Electronic contracts now signed in just 10 hours in Azerbaijan, Finance Ministry says
Finance
12:33
Azerbaijan to introduce pre-filled tax declaration system for micro-entrepreneurs
Finance
12:31
Central Bank of Azerbaijan proposes legal amendments to foster Islamic finance
Finance
12:25
Vusal Gasimli: Sukuk issuance via digital platforms to expand investor base
Finance