New plans include 350MW solar expansion and a 100MW round-the-clock project
Dubai: Masdar is looking to expand its renewable energy footprint in Azerbaijan with a larger solar project, battery storage and a new round-the-clock power development, while a separate 315MW solar project has reached financial close.
Get updated faster and for FREE: Download the Gulf News app now - simply click here.
The Abu Dhabi Future Energy Company signed a collaboration agreement with Azerbaijan Green Energy Company to explore several new projects, including an expansion of its existing Garadagh Solar PV development by at least 350MW.
The plans also include a battery energy storage system of up to 200MWh and a separate 100MW round-the-clock renewable energy project.
The agreement was signed during the visit of Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, in the presence of Azerbaijan President Ilham Aliyev.
Masdar's existing Garadagh Solar PV project has a capacity of 230MW and was inaugurated in 2023.
The proposed expansion would add a minimum of 350MW, alongside battery storage designed to increase flexibility in how renewable electricity is supplied.
Garadagh currently generates around 500 million kilowatt-hours of electricity each year, enough to power more than 110,000 homes.
This agreement with AGEC gives us the opportunity to build on that track record by expanding the project, integrating battery storage and exploring round-the-clock renewable power. By combining our development, technical and operational expertise, we aim to deliver reliable, flexible energy solutions that support Azerbaijan’s growing power needs.Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar
Masdar and AGEC will also study a 100MW round-the-clock renewable energy project in Nakhchivan.
The development would draw on Masdar's experience with a similar project in Abu Dhabi, where the company is working with Emirates Water and Electricity Company on a $6.1 billion renewable power development.
That project combines 5.2GW of solar capacity with a 19GWh battery energy storage system and is designed to deliver up to 1GW of baseload renewable power around the clock.
It reached financial close in July 2026.
Masdar and SOCAR Green also announced financial close for the 315MW Neftchala Solar PV project, which they are developing with Azerbaijan's Ministry of Energy.
Financing is being provided by the Asian Infrastructure Investment Bank, the European Bank for Reconstruction and Development and the Asian Development Bank.
The project is expected to generate more than 686 million kilowatt-hours of renewable electricity annually, enough to power around 140,000 homes, while avoiding approximately 280,000 tonnes of carbon emissions each year.
Masdar is also developing the 445MW Bilasuvar solar project and the 240MW Absheron-Garadagh onshore wind project with SOCAR Green.
Those developments, together with its other investments, take Masdar's total renewable energy capacity in Azerbaijan to more than 1.2GW.