While on mission in Azerbaijan, the OPEC Fund for International Development delegation led by President Dr. Abdulhamid Alkhalifa visited the Area-1 (Gobustan) wind farm, developed by ACWA Power and co-financed with a $50 million loan from the OPEC Fund.
"Part of the 240.5 MW Khizi–Absheron wind power development, this milestone project is the country's first large-scale, independently developed renewable energy investment. It will generate enough clean electricity to power more than 300,000 households and cut carbon emissions by about 400,000 tons per year," OPEC Fund wrote on X.
"The OPEC Fund is proud to be a key partner in the Khizi–Absheron Wind Power Project, supporting Azerbaijan's renewable energy transition and encouraging greater foreign investment and private sector participation," reads the statement.
While on mission in Azerbaijan, the delegation led by our President Dr. Abdulhamid Alkhalifa visited the Area-1 (Gobustan) wind farm, developed by @ACWAPower and co-financed with a US$50 million loan from the OPEC Fund.
— The OPEC Fund for International Development (@TheOPECFund) November 7, 2025
Part of the 240.5 MW Khizi–Absheron wind power development,… pic.twitter.com/wHXlBhRrA9
