Azerbaijan Wind Farm is a 240MW onshore wind power project. It is planned in Absheron, Azerbaijan. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in June 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 240 | – | 240 | Permitting | Absheron, Azerbaijan | International Company for Water and Power Projects |
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Description
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The project is being developed and currently owned by International Company for Water and Power Projects. The company has a stake of 100%.
The project is expected to generate 1,000,000MWh electricity to offset 400,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $300m.
Development Status
Post completion of the construction, the project is expected to get commissioned in June 2023.
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By GlobalDataPower Purchase Agreement
The power generated from the project will be sold to AzerEnerji under a power purchase agreement for a period of 20 years. The offtake capacity is expected to be 240MW.
Contractors Involved
The First National Operation & Maintenance is expected to perform operations and maintenance for the wind power project.
About International Company for Water and Power Projects
International Company for Water and Power Projects (ACWA Power) is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through coal, thermal, oil, gas, solar and wind technologies. ACWA Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. ACWA Power is headquartered in Riyadh, Saudi Arabia.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
