These two conventional energy projects are part of a wider Memorandum that Ansaldo signed at the sidelines of a bilateral Italy - Azerbaijan that was recently held in Rome. Ansaldo and Azerenergji set up a “close collaboration framework" that will allow the Italian equipment manufacturer to submit an economic proposals for both the CCGT servicing agreements and the Yashma EPC venture.
A preparatory survey on the Yashma CCGT project can be found here.
A second Memorandum, signed with the energy ministry, will see Ansaldo analyse the economic and technical feasibility for substantial investment in renewable energy sources in Azerbaijan.
“Energy transition is a strategic goal for the Republic of Azerbaijan, which is encouraging investments in the renewable energy sector,” commented Giuseppe Marino, CEO of Ansaldo Energia. “With the signing of these agreements, we propose our help as a system integrator to allow a proper management of renewable energy sources within the energy mix”.
Headquartered in Genoa, Ansaldo Energia is 59.9 percent owned by CDP Equity (part of Cassa Depositi e Prestiti Group) and 40 percent by Shanghai Electric.