BAKU, Azerbaijan, March 17. The
Masdar firm (UAE) plans to implement varied tasks in
Azerbaijan, Director of Masdar Azerbaijan Murad Sadikhov stated,
Trend studies.
He made the comment at a panel dialogue themed “Green
Hydrogen: State of Play and Application in Azerbaijan” as a part of
the “Green Hydrogen: Path to Decarbonization” seminar.
In explicit, he famous that the corporate plans to
implement a 1 GW onshore wind mission by 2026, a 2 GW offshore wind
mission, and a inexperienced hydrogen mission by 2033, and additional increase
the usage of photo voltaic, onshore, and offshore wind by 2037.
“In 2022, Masdar and the Ministry of Energy of
Azerbaijan signed an settlement on the event and funding in
renewable vitality sources. Also in 2022, the events signed an
implementation settlement that covers quite a lot of offshore wind
vitality tasks and inexperienced hydrogen manufacturing,” he stated.
In addition, Masdar additionally signed an settlement with
SOCAR (State Oil Company of Azerbaijan Republic) to discover the
potential for electrification of their offshore oil and fuel
services within the Caspian Sea utilizing offshore wind energy, he
added.
Meanwhile, Azerbaijan’s technical potential for
offshore wind within the Caspian Sea is 157 GW. Azerbaijan has already
signed related offers with Masdar and Fortescue Industries on the
complete put in capability of 22GW. For comparability, all the
put in capability of energy manufacturing in Azerbaijan, together with all
renewable and non-renewable, is 8 GW. Out of these 22 GW, about 16
GW account for offshore wind vitality manufacturing. Ministry of Energy
has additionally signed an settlement with ACWA Power on the development of
an offshore wind farm.
