BAKU, Azerbaijan, January 7. A meeting has been
held between the Chairman of the Board of Directors of Azerbaijan's
AzerEnergy OJSC, Baba Rzayev, and his counterpart from the Saudi
Arabian ACWA Power company, Mohammad Abunayyan, a source in the
OJSC told Trend.
The meeting exchanged views on the connection of the 240 MW
Khizi-Absheron Wind Power Plant to the energy system, the current
state of cooperation, and future prospects.
Besides, the meeting widely discussed the development of
renewable energy sources, the safe integration of these powers into
the energy system, energy management, and the application of new
technologies, including battery storage systems.
Azerbaijan's Azerenergy (via SOCAR) and Saudi Arabia's ACWA
Power have a strong, expanding partnership focused on renewable
energy, including major wind projects like the 240 MW
Khizi-Absheron plant, and are exploring green hydrogen, green
fertilizer, and offshore wind, aiming to boost Azerbaijan's green
energy capacity and exports, aligned with climate goals and Saudi
Vision 2030. Key agreements, including power purchase and
transmission, were signed in late 2020 for the Khizi-Absheron wind
farm, with ongoing discussions for new large-scale projects and
regional connectivity like subsea cables.
