"Clean Energy Jabrayil" LLC, a subsidiary of Azerbaijan Green Energy Company (AGEC), has successfully completed the financing process for its first renewable energy project. Under the financing agreement, Ziraat Bank Azerbaijan has provided a loan equivalent to AZN 30 million with a 10-year maturity to support the project's implementation.

Construction of the 50 MW solar power plant, located on a 130-hectare site in the Jabrayil region, is currently underway. The electricity generated by the project will be supplied to several local private companies as well as Azerenergy OJSC.

The project also promotes cooperation with local contractors, contributing to regional economic development, job creation, and the growth of Azerbaijan's renewable energy sector.

Through sustainable energy investments and strategic partnerships, AGEC continues to advance the country's green energy transition and strengthen the development of Azerbaijan's renewable energy ecosystem.