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"Sunrise" Solar Power Plant

"Sunrise" Solar Power Plant

STATUS: ONGOING

The 240 MW Sunrise (Shafag) Solar Power Plant project, located in the Jabrayil district, was established under a Shareholders Agreement signed between Azerbaijan Investment Company (AIC), SOCAR, and BP. The project represents an investment of approximately USD 200 million.

As the first industrial-scale solar power initiative in Azerbaijan’s liberated territories, Sunrise (Shafag) SPP also stands as the largest foreign investment project in the region to date. With an expected annual generation of around 500 million kWh, the plant will play a key role in reducing carbon emissions and promoting energy efficiency.

Sunrise (Shafag) SPP will supply electricity to the Jabrayil region grid and simultaneously meet the renewable energy needs of the Sangachal terminal. The project is a significant step toward the development of Azerbaijan’s green energy sector and enhancing environmental sustainability.

In addition to advancing clean energy goals, the plant will contribute to reducing operational waste and protecting the environment in the broader Caspian region.

 

Total cost of the project: USD 204 million

Number of workplaces: 20

Investment year: 2025