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ADB updates on solar power plant project carried out in Azerbaijan

Economy Materials 23 February 2023 12:38 (UTC +04:00)
ADB updates on solar power plant project carried out in Azerbaijan
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, February 23. The Asian Development Bank has shared an action plan on the construction of the Alat Solar Power Plant Project with an installed capacity of 230 MW, which is going to be implemented by the UAE's Masdar company in Azerbaijan, Trend reports, citing the ADB.

According to the plan, before any construction works start within the project area, the access road will be constructed to allow the movement of large trucks to transport materials and personnel.

"The project area will subsequently be fenced off (1 week of Feb 2023 till April 15, 2023) and this fence will remain in place during the construction and operational period. Activities during construction will include site clearance, use of a temporary construction compound, construction of the substation, installation of solar panels and connecting an overhead transmission line (OHL) of 330 kV. The construction activities will take 1.5 years to complete (18 months)," the analysis said.

As the bank noted, during the operations, up to 230 MW will be supplied to the national grid. The operational lifetime of the project is 23 years.

Meanwhile, the ADB has proposed $35.7 million senior loan to Masdar Azerbaijan Energy for the construction and commissioning of Alat Solar Power Plant in Azerbaijan's Garadagh.

Masdar Azerbaijan Energy is a company registered in Azerbaijan with the aim of implementing a project for the construction and commissioning of the Garadagh solar power plant.

Based in the UAE, Masdar is a regional leader and a major international player in the field of renewable energy and sustainable urban development.

On March 15, a groundbreaking ceremony was held in Gulustan Palace in Baku for the Garadagh solar power plant which will generate 500 million kilowatt-hours of electricity per year and will allow Azerbaijan to save up to 110 million cubic meters of gas.

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