Arab company Masdar is one of the world's largest producers of electricity from renewable sources. Turkmenenergo and Masdar signed a cooperation agreement on a project to build a solar photovoltaic plant.
Construction of this 100 MW facility will be Masdar's first project in Turkmenistan.
Serdar Berdymukhamedov was present at the signing of the cooperation document. The agreement was signed by deputy chairman of the Cabinet of Ministers of Turkmenistan Ch. Purchekov and Masdar Chief Executive Officer M. D. Al-Ramahi. The agreement was signed in the framework of the UAE-Turkmenistan business forum in Abu Dhabi.
As Purchekov emphasized, Turkmenistan is committed to a fruitful long-term partnership, as it has great natural potential for the development of renewable energy sources.