ACWA Signs Agreements for Wind Project in Azerbaijan. ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan.

As the first foreign investment based independent wind power project in Azerbaijan structured as a public-private partnership, the plant will contribute to reaching Azerbaijan’s target of 30 percent of renewable energy capacity by 2030. Once complete, it will power 300,000 households. 400,000 tonnes of emissions will also be offset each year, supporting the country’s green ambitions