Azerbaijan Wind IPP

OVERVIEW

The Azerbaijan 240 MW Wind Farm is a greenfield Independent Power Project IPP that is developed by ACWA Power in the Republic of Azerbaijan.

 

The Project is implemented under the Order of the President of the Republic of Azerbaijan “On measures for implementation of pilot projects using renewable energy sources” dated to December 5, 2019.

 

Main project agreements (Investment Agreement, Power Purchase Agreement and Transmission Connection Agreement) were signed on December 29, 2020 for the term of 20 years.

 

Wind power plant with installed capacity of 240 MW will be located at the territories of Absheron and Khizi districts in the areas of Chayli and Sitalchay villages.

 

Area 1:

 

Khizi 3:

KEY FACTS

  • LOCATION
    45 KM North-West of Baku, the capital of Azerbaijan
  • OFFTAKER
    "Azerenergy" OJSC
  • CAPACITY
    240 MW
  • PROJECT COST
    USD 286 Mn
  • COMMERCIAL OPERATIONAL DATE
    Q3 2023
  • ACWA POWER SHARE
    100%
  • OFFTAKE CONTRACT
    PPA-BOO 20 years
  • O&M
    NOMAC
  • PROJECT COMPANY
    ACWA Power Azerbaijan Renewable Energy LLC