offshore wind farm

Saudi company starts building wind farm in Azerbaijan

Saudi energy company ACWA Power officially began the construction of the Khizi-Absheron wind farm with a capacity of 240 MW near the Azerbaijani capital Baku, the press service of the Azerbaijani president informed.

ACWA Power invested $300 million for these purposes, which is the organization’s most significant investment abroad.

Azerbaijani President Ilham Aliyev and Saudi Energy Minister Abdulaziz ibn Salman Al Saud both attended the ceremony of laying the station’s foundation.

Aliyev stressed that renewable energy production is one of the main tasks on the country’s energy plan. He said that Baku is currently negotiating with many leading companies worldwide to implement renewable energy projects in the country.

The construction of the station will take two years. The project will install 40 turbines with a capacity of 6 MW each. The power plant will annually generate 1 billion kWh of electricity.

The facility is expected to provide electricity to up to 300 thousand consumers, save about 220 million cubic meters of gas, and prevent the emission of about 400 thousand tons of carbon dioxide into the atmosphere.

As 2022 commences, Saudi energy companies have been included in several significant energy projects. On January 12, the Polish energy concern Orlen signed a long-term agreement with the Saudi oil company Saudi Aramco to supply 200,000 to 337,000 barrels of oil per day to Poland.