2024-10-06 01:11:00
SOCAR Green has made great progress in some green energy projects
As Day.Az reports with reference to Trend, this was announced by the General Director of SOCAR Green Elmir Musaev said today at the Baku Climate Action Week.
“The transition to green energy and climate sustainability has enabled SOCAR to expand its presence in the global market,” Musayev said.
He recalled that the company’s strategy is aimed at achieving “Net Zero” by 2050.
Musaev noted that, being a young company, SOCAR Green (operating since 2024) has great ambitions and has already achieved great progress in some projects related to green energy.
“As you may know, the potential of wind energy in the Azerbaijani sector of the Caspian Sea is 157 gigawatts. Taking this into account, we, together with our partner MASDAR, are assessing the possibilities of the project in this area,” he added.
He also named cooperation with ACWA power, bp, Total, Uniper, and Chinese energy companies.