Masdar opens office in Azerbaijan to support nation’s clean energy objectives

  • Date: 06-Feb-2023
  • Source: Emirates News Agency
  • Sector:Oil & Gas
  • Country:UAE
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Masdar opens office in Azerbaijan to support nation’s clean energy objectives

ABU DHABI, 6th February, 2023 (WAM) -- Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Azerbaijan’s renewable energy development with the opening of an office in Baku, the capital city.

The inauguration event for the office, located in Port Baku Tower, was attended by Mohammed Murad Al Blooshi, UAE Ambassador to Azerbaijan; and Javid Abdullayev, Director of Azerbaijan Renewable Energy Agency under the Ministry of Energy' along with a delegation from Masdar, led by its Chief Executive Officer, Mohamed Jameel Al Ramahi.

Masdar will work closely with the government and other stakeholders in Azerbaijan to accelerate the growth of its renewable energy sector, as the country continues to take bold steps to meet clean energy targets and transition to a low-carbon future.

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said, “The UAE and Azerbaijan both recognise the importance of investing in renewable energy to advance economic diversification, stability, and growth. Masdar’s increasing scope of work in Azerbaijan, evidenced by its new Baku office, demonstrates the UAE’s commitment to supporting decarbonisation and sustainable development around the world.”

Al Blooshi, the UAE Ambassador to Azerbaijan, commented, “The