Azerbaijan Signs String Of Green Power Deals With International Investors ...Middle East

Economy by : (OILPRICE) -
News that Azerbaijan's state energy company SOCAR had last week signed an agreement with UAE energy giant Masdar to develop a massive 2 gigawatts (GW) of offshore wind and "green hydrogen" production should have been a cause for celebration. The more so since the agreement included a vaguer commitment for Masdar to develop a further 1 GW of onshore wind capacity and 1 GW of solar power, and subsequent statements by Azerbaijani officials about plans for yet more renewable power generation, "green hydrogen" production, and plans to export both electricity…

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