Total investment cost of residential solar battery project in Azerbaijan

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Total investment cost of residential solar battery project in Azerbaijan

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FAQs 4

Which solar projects are being built in Azerbaijan?

The installations include the 445 MW Bilasuvar PV project and the 315 MW Neftchala solar plant, both in southeastern Azerbaijan. Investors signed investment agreements for the projects in October 2023 and have since signed power purchase agreements, transmission connection agreements, and land lease agreements.

What impacts will Banka solar project have?

The ESIA reports have identified resettlement and livelihood impacts created by the Project. The LRP has been developed to mitigate the economic displacement impacts that will be created for Banka Solar. The RAP has been developed to mitigate the potential physical and economic displacement impacts that will be created for Bilasuvar Solar.

How does Banka solar affect biodiversity?

Procedures will be developed and implemented for the storage, reuse, recycling, or disposal of damaged or unused solar PV panels. With respect to the impacts on biodiversity, the Banka Solar area partly overlaps an internationally recognized key biodiversity area (KBA), specifically the Kura Delta Important Bird Area (IBA).

Will Banka solar affect bird priority biodiversity features?

CHA concluded that the development of Banka Solar will not adversely affect bird priority biodiversity features (PBFs), and no net loss will result from development of the Banka Solar to these PBFs. The Bilasuvar Solar area comes within 1 km of an internationally recognized KBA, specifically the Lake Mahmudchala IBA.

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