{"id":753,"date":"2024-10-25T08:18:49","date_gmt":"2024-10-25T04:18:49","guid":{"rendered":"https:\/\/www.utilitybusinessmena.com\/?p=753"},"modified":"2024-10-25T08:18:49","modified_gmt":"2024-10-25T04:18:49","slug":"acwa-powers-300-million-khizi-absheron-wind-power-plant-in-azerbaijan-nears-completion","status":"publish","type":"post","link":"https:\/\/cheeltech.com\/utilitybusinessmena\/electricity\/acwa-powers-300-million-khizi-absheron-wind-power-plant-in-azerbaijan-nears-completion","title":{"rendered":"ACWA Power\u2019s $300 million Khizi-Absheron wind power plant in Azerbaijan nears completion"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.utilitybusinessmena.com\/news\/global-goal-of-tripling-renewables-needs-1-5-trillion-investment-per-year\" data-type=\"post\" data-id=\"585\" rel=\"nofollow noopener\" target=\"_blank\">Azerbaijan<\/a> is set to take a major step toward expanding its renewable energy capacity with the Khizi-Absheron <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/wind-energy\/masdar-iberdrola-complete-installation-of-wind-turbines-at-baltic-eagle-offshore-wind-farm\" data-type=\"post\" data-id=\"648\" rel=\"nofollow noopener\" target=\"_blank\">wind power plant<\/a>, a flagship project expected to begin operations by 2025.<\/p>\n\n\n\n<p>The $300 million project, fully funded by foreign investments and led by <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/saudi-arabias-acwa-power-secures-150-million-financing-for-wind-power-projects-in-uzbekistan\" data-type=\"post\" data-id=\"513\" rel=\"nofollow noopener\" target=\"_blank\">ACWA Power<\/a>, is positioned to support Azerbaijan\u2019s broader goals of economic diversification and green energy transition.<\/p>\n\n\n\n<p>The Khizi-Absheron wind farm, which will be constructed across two key sites in the Khizi and Absheron districts, represents ACWA Power\u2019s first foray into the Azerbaijani market.<\/p>\n\n\n\n<p>The facility, featuring 37 <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/ge-vernova-to-cut-900-jobs-amid-struggling-offshore-wind-business\" data-type=\"post\" data-id=\"317\" rel=\"nofollow noopener\" target=\"_blank\">wind turbines<\/a>, is projected to have a generation capacity of 240 MW, enough to supply around 300,000 homes.<\/p>\n\n\n\n<p>The plant will help Azerbaijan save 220 million cubic meters of <a href=\"https:\/\/www.utilitybusinessmena.com\/hydrogen\/spains-redexis-achieves-milestone-in-hydrogen-integration-into-natural-gas-network\" data-type=\"post\" data-id=\"279\" rel=\"nofollow noopener\" target=\"_blank\">natural gas<\/a> each year, a significant step toward reducing fossil fuel dependency. By offsetting more than 400,000 tons of carbon dioxide annually, the project also advances the country\u2019s carbon-neutral goals.<\/p>\n\n\n\n<p>Javid Abdullayev, Director of the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy, confirmed during a recent event that the plant&#8217;s operations are slated to begin in the last quarter of 2025.<\/p>\n\n\n\n<p>Speaking at the Baku Shipyard, where wind turbine blades were being delivered for the project, Abdullayev stressed the plant\u2019s role in Azerbaijan&#8217;s green energy shift. \u201cThis project not only highlights our commitment to sustainability but also marks a milestone in Azerbaijan&#8217;s energy independence journey,\u201d he said.<\/p>\n\n\n\n<p>The Khizi-Absheron wind power plant will be constructed in two zones: Absheron and Khizi. The plant\u2019s wind turbines, each with an impressive blade length of 84 meters and a tower height exceeding 100 meters, are being delivered and installed in batches.<\/p>\n\n\n\n<p>According to Abdullayev, the foundation work for six turbines has already been completed, and by the end of October, parts for eight turbines will have arrived on-site.<\/p>\n\n\n\n<p>The project&#8217;s timely progress is seen as a critical component of Azerbaijan&#8217;s efforts to modernize its energy infrastructure. Once fully operational, the wind farm will play a vital role in stabilising the national grid and contributing to the country&#8217;s ambitious renewable energy targets.<\/p>\n\n\n\n<p>This aligns with the Strategic Roadmap for the National Economic Prospects, which seeks to diversify Azerbaijan&#8217;s economy by attracting foreign direct investment (FDI) into its non-oil sectors.<\/p>\n\n\n\n<p>The Khizi-Absheron wind project was made possible through a partnership between Azerbaijan\u2019s Ministry of Energy and ACWA Power.<\/p>\n\n\n\n<p>The two parties signed an Implementation Agreement in January 2020, followed by a series of key contracts, including a Power Purchase Agreement and Transmission Connection Agreement, in December of the same year.<\/p>\n\n\n\n<p>These agreements set the framework for the project and its long-term role in Azerbaijan\u2019s renewable energy portfolio.<\/p>\n\n\n\n<p>At the project&#8217;s groundbreaking ceremony in January 2022, President Ilham Aliyev of Azerbaijan and Saudi Arabia\u2019s Minister of Energy, Prince Abdul Aziz bin Salman Al Saud, lauded the plant as a symbol of the growing cooperation between the two nations.<\/p>\n\n\n\n<p>ACWA Power, known for its extensive portfolio of renewable energy projects across the Middle East and beyond, brings valuable expertise to this greenfield independent power project (IPP).<\/p>\n\n\n\n<p>In addition to generating clean electricity, the plant\u2019s ability to save natural gas presents a dual benefit. By freeing up natural gas for export, Azerbaijan stands to bolster its economic resilience while simultaneously reducing its carbon footprint.<\/p>\n\n\n\n<p>The project also dovetails with other ongoing collaborations between ACWA Power and the Azerbaijani government. In early 2023, ACWA Power and the State Oil Company of Azerbaijan Republic (SOCAR) signed a Cooperation Agreement aimed at accelerating the development of renewable energy projects in the country.<\/p>\n\n\n\n<p>The partnership was further strengthened with an additional agreement signed in April 2024, focusing on joint efforts to evaluate low-carbon projects, including the production of green hydrogen and fertilizers.<\/p>\n\n\n\n<p>As part of their broader cooperation, SOCAR and ACWA Power are exploring the potential for producing green hydrogen, which could play a key role in decarbonizing SOCAR&#8217;s downstream assets, including its fertilizer production facilities.<\/p>\n\n\n\n<p>The feasibility study, focusing on SOCAR&#8217;s carbamide plant, could lead to significant advancements in Azerbaijan&#8217;s low-carbon economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Khizi-Absheron wind farm, which will be constructed across two key sites in the Khizi and Absheron districts, represents ACWA Power\u2019s first foray into the Azerbaijani market.<\/p>\n","protected":false},"author":2,"featured_media":755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,36,40,428,41,653],"tags":[50,789,790,132,791,38,792,793,794,795,155,42,86,796],"class_list":{"0":"post-753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-climate-change","8":"category-electricity","9":"category-news","10":"category-power","11":"category-renewable-energy","12":"category-wind-energy","13":"tag-acwa-power","14":"tag-azerbaijan","15":"tag-azerbaijan-renewable-energy-agency-area","16":"tag-carbon-emissions","17":"tag-diversification","18":"tag-green-hydrogen","19":"tag-grid","20":"tag-investment","21":"tag-javid-abdullayev","22":"tag-khizi-absheron","23":"tag-natural-gas","24":"tag-renewable-energy","25":"tag-sustainability","26":"tag-wind-power-plant"},"_links":{"self":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/comments?post=753"}],"version-history":[{"count":0,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media\/755"}],"wp:attachment":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media?parent=753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/categories?post=753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/tags?post=753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}