Azerbaijan names investment cost of bp solar power plant project in Jabrayil released


BAKU, Azerbaijan, March 16


The investment cost of the construction project of the solar power plant of the company bp in Jabrayil in Azerbaijan [liberated
from Armenian occupation in the 2020 Second Karabakh War] will be almost $200 million, the director of the State Agency for Renewable Energy Sources Tabriz Ammayev told reporters, Trend reports

Ammayev made the remark during a media tour in Azerbaijan’s Garadagh district.

“As part of the agreement signed with bp for the construction of a solar power plant with a nominal capacity of 240 megawatts in Jabrayil, research work is underway,” he noted. “In addition, it is planned to restore small hydropower plants in Karabakh. To date, four small hydropower plants have already been restored. This year, it is also planned to build about five small hydropower plants.”

According to the head of the agency, one of the main priorities in the development of the energy sector in Azerbaijan is the implementation of projects jointly with the private sector.

“As part of the socio-economic development strategy of Azerbaijan until 2030, it is planned to implement a number of similar projects,” Ammayev added.


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