SOCAR, Masdar, and ACWA Power sign MoU for 3.5 GW offshore wind energy project in Caspian Sea

Azernews.Az

15 November 2024 15:22 (UTC+04:00)

Nazrin Abdul

Within the framework of COP29, the State Oil Company of the Republic of Azerbaijan (SOCAR), Masdar of the United Arab Emirates, and ACWA Power of Saudi Arabia signed a Memorandum of Understanding (MoU) to cooperate on the production of 3.5 gigawatts (GW) of wind energy in the Azerbaijani sector of the Caspian Sea, Azernews reports.

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