Baku 18° C
Masdar interested in increasing its presence in Azerbaijan
Energy
- 05 February, 2022
- 06:44
Add Report.az to preferred Google sources
Stay up to date with the top news!
Masdar is committed to Azerbaijan and wants to grow its presence here, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar told Report.
“The country has a lot of potential. If the stakeholders and the government give us the opportunity to develop, we’re more than happy to do so,” he said.
Masdar is one of the largest renewable energy developers in the Middle East. The company also cooperates with Azerbaijan. In April 2021, the Azerbaijani government and Masdar signed a contract for the construction of a 230 megawatt solar power plant in Alat.
The total investment value of the project is about $200 million.
Author
BƏƏ şirkəti Azərbaycanda fəaliyyətini genişləndirmək istəyir
Masdar заинтересована в расширении своего присутствия в Азербайджане
Latest News
00:05
Ukraine discusses postwar recovery and 2027 financing with partners in Brussels
Other countries
23:38
Trump acknowledges Iran war and fuel prices contributed to Republican defeat
Other countries
23:28
Moldova could complete EU accession talks in 2028, government says
Other countries
22:54
Recep Tayyip Erdoğan: I take great pleasure in conveying my most sincere wishes to President Ilham Aliyev
Foreign policy
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy
21:47
Azerbaijani energy minister begins visit to Ukraine
Energy
21:20
Photo
Baku hosts medal ceremony at World Fire and Rescue Sport Championships
Team sports