Once synonymous with Azerbaijan's oil and gas wealth, the State Oil Company of Azerbaijan (SOCAR) is now making waves on the ...

"SOCAR Green, Masdar, the European Bank for Reconstruction and Development, the Asian Development Bank and the Asian Infrastructure and Investment Bank signed documents for building two solar power ...

The financing covers two solar PV plants, which include the 445MW Bilasuvar PV plant and the 315MW Neftchala solar project.

SOCAR president Rovshan Najaf said the agreement “is an important step forward in our journey towards a sustainable energy ...

Agreements with EBRD, ADB, and AIIB were signed at COP29 in Baku, with total project costs expected to exceed $600 million.

Projects to Triple Solar Energy Capacity, Reduce Carbon Emissions, and Boost Private Sector Investment in Clean Energy.

BAKU, Azerbaijan, November 18. The European Bank for Reconstruction and Development (EBRD) has unveiled a significant ...

The European Bank for Reconstruction and Development (EBRD) has announced a landmark investment at the 29th annual United ...

Masdar and SOCAR Green broke ground on the Bilasuvar and Neftchala solar parks in June 2024, and completition is scheduled ...

Abu Dhabi Future Energy Company (Masdar) and Socar Green, a wholly-owned subsidiary of the State Oil Company of the Republic ...

Partnering with Masdar, SOCAR Green, a wholly owned subsidiary of the State Oil Company of Azerbaijan, co-sponsors these two ...