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SOCAR, Masdar, and ACWA Power sign MoU for 3.5 GW offshore wind energy project in Caspian Sea

Within the framework of COP29, the State Oil Company of the Republic of Azerbaijan (SOCAR), Masdar of the United Arab Emirates, and ACWA Power of Saudi Arabia signed a Memorandum of Understanding (MoU) to cooperate on the production of 3.5 gigawatts (GW) of wind energy in the Azerbaijani sector of the Caspian Sea, Azernews reports.

The post SOCAR, Masdar, and ACWA Power sign MoU for 3.5 GW offshore wind energy project in Caspian Sea first appeared on The South Caucasus News – SouthCaucasusNews.com.