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Azerbaijan moves toward green energy with solar plant in Jabrayil district PHOTO

18 November 2024 18:03

Clean Energy Jabrayil LLC and Baku Steel Company have signed a Memorandum of Understanding (MOU) to collaborate on a solar power project aimed at supplying renewable energy to Baku Steel Company via the central grid network.

The project, which involves the development of a 100 MW solar power plant in the Soltanli village of Jabrayil, consists of two parts: Shams and Horizon solar stations, each with a 50 MW capacity. The solar power generated will be used to meet the energy needs of the local manufacturing sector. The energy from both solar plants will be supplied to Baku Steel Company, along with other offtakers, Caliber.Az reports via local media.

The solar plants will be developed by two dedicated investment vehicles,  Enerso Jabrayil, a Nobel Energy subsidiary and Clean Energy Jabrayil by Clean Energy Investment LLC, each committed to driving green energy initiatives.

This initiative supports Azerbaijan's green energy transition strategy and contributes to the country's sustainable development goals.

The "Baku Steel Company" is the first modern and largest steel producer in the Caucasus region. Currently, the plant has an annual production capacity of 800,000 tons. The company is a recognized member of the World Steel Association, a prestigious global organisation for leading metallurgical experts, and is the only Azerbaijani company in the South Caucasus to hold this membership. The company is one of Azerbaijan's largest taxpayers and exporters in the non-oil sector.

The news has been slightly revised for clarity

By Naila Huseynova

Caliber.Az
Views: 345

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