The signing ceremony of the "Investment Agreement", "Energy Purchase and Sale Agreement" and "Agreement on Connection to the Transmission Grid" on the 240 MW wind farm project was held between the Azerbaijani Ministry of Energy and Saudi Arabia’s Acwa Power company, as well as between Acwa Power company and Azerbaijan’s Azerenergy OJSC.
Thus, special attention is paid to the implementation of pilot projects on the construction of a wind farm with a capacity of 240 megawatts and a solar power plant with a capacity of 200 megawatts in accordance with agreements signed with ACWA Power company and UAE’s Masdar company on January 9, 2020.