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Azerbaijan and UAE launch joint renewable energy project as COP29 preparations underway - Euronews

BAKU, Azerbaijan, June 6. Azerbaijan and the UAE unveiled plans for three large-scale solar and wind projects in Azerbaijan, totaling 1 GW capacity, during a ceremony held at the Baku Energy Forum, TurkicWorld reports citing Euronews.

Azerbaijan and the United Arab Emirates announced the joint decision to build three major solar and wind projects in Azerbaijan with a capacity of 1 GW, with a ground-breaking ceremony on the sidelines of the Baku Energy Forum on Tuesday.

The projects include a 445 MW solar plant in Bilasuvar, a 315 MW solar plant in Neftchala, and a 240 MW wind farm in Absheron-Garadagh. The plants are expected to produce an average annual output of a total of 2 billion 3025 million kWh of electricity, in turn saving 496 million cubic metres of natural gas per year and preventing more than 943 thousand tonnes of carbon dioxide emissions.

Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President said in his address, "We are proud to partner with Azerbaijan on this significant expansion of its renewable energy capacity and to support Azerbaijan’s journey toward energy diversification, stimulating new industries, new jobs and sustainable economic growth.”

The announcement comes as Azerbaijan prepares to host COP29 in Baku in November taking over the mantle from the UAE. Sultan Al Jaber added, “A key pillar of the historic UAE consensus is the goal of tripling renewable energy capacity by 2030. We need many more partnerships like these to ensure a just, orderly and equitable energy transition that keeps 1.5 within reach."

There were also calls for switching to cleaner energy solutions, advancements in AI as well as ensuring economic growth in developing countries to help accelerate climate positive sustainable development, as over 300 companies from 37 countries came together for one of the most important events on the global energy sector calendar.

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