...

bp reveals possible time of starting solar power plant construction in Jabrayil

Oil&Gas Materials 18 July 2022 14:23 (UTC +04:00)
bp reveals possible time of starting solar power plant construction in Jabrayil
Laman Zeynalova
Laman Zeynalova
Read more

BAKU, Azerbaijan, July 18. If the final investment decision on the solar power plant in Jabrayil is made by the end of this year, next year, we can start construction works, VP Caspian Communications & Advocacy at bp Bakhtiyar Aslanbayli told reporters, Trend reports.

“There are discussions on this project. Commercial matters are being agreed on. Currently, demining is ongoing at the area. Afterwards, solar panels will be installed there,” he said.

In June 2022, Azerbaijan’s Ministry of Energy and bp signed an Addendum to the Implementation Agreement that they had previously signed in June 2021 committing them to work together to take the next steps towards joint implementation of a 240MW AC solar power plant in the Jabrayil district.

The new document represents the next step to finalize the joint work towards realization of the solar project, named “Shafag” (Sunrise).

It is the parties’ plan to achieve an effective technical and commercial solution to the project implementation through piloting a commercial structure called a “Virtual Power Transfer Arrangement”. This will enable the project to produce solar power in the Jabrayil district and sell it in another part of the country to either public or private off-takers.

---

Follow the author on Twitter: @Lyaman_Zeyn

Tags:
Latest

Latest