BAKU, Azerbaijan, June 4. Masdar is ready to share its experience and support Azerbaijan in its transition to green energy, Masdar MEGA Project Director Yernur Jiyenbayev said at the Baku Energy Forum, Trend reports.
He emphasized that Masdar, even though it's still wet behind the ears at just 19 years old, has already made a name for itself as one of the big players in the renewable energy game.
"Masdar is represented in more than 40 countries, and our portfolio is one of the largest in the world in terms of renewable assets. We are pleased to be part of the energy transition in Azerbaijan and are ready to make our contribution," Jiyenbayev also said.
Speaking about specific initiatives, he spotlighted the potential for the development of energy storage networks in the region.
"One of our recent and successful examples is Uzbekistan, where we are implementing projects with solar panels and storage systems for hundreds of megawatts. In Azerbaijan, we are planning a similar project with a capacity of almost one gigawatt-hour," Jiyenbayev explained.
He also conveyed Masdar's willingness to champion the establishment of a regulatory framework and technological foundation for sustainable networks, emphasizing the pivotal significance of this domain.
Masdar, a pioneer in clean energy and a key enabler of the UAE's aim as a worldwide leader in sustainability and climate action, has created projects in over 40 countries across six continents with over 51 GW of capacity. Masdar will integrate the UAE's three energy champions—Mubadala, ADNOC, and TAQA—to become a global clean energy pioneer in renewables and green hydrogen. Masdar is known for producing innovative projects in solar, wind, energy storage, waste-to-energy, and geothermal energy that are financially viable and innovative.
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