ACWA Power to develop 1.4GW of renewable energy in central Asia
ACWA Power has inked deals with Uzbekistan’s National Electric Grid of Uzbekistan and Ministry of Investment, Industry and Trade for renewable projects. In particular, the company has signed three power purchase agreements and investment agreements. The company informed that the latest agreements include the development of three solar photovoltaic projects in Tashkent and Samarkand.
Besides, they have also agreed to develop three battery energy storage systems (BESS). The facilities will be based in Tashkent, Bukhara and Samarkand. The projects will consist of a 400MW PV plant and 500MWh BESS in Tashkent, while two 500MW PV projects each and a 500MWh BESS in Samarkand. Similarly, another 500MWh BESS will be located in Bukhara.
According to ACWA Power, the projects will have a total combined capacity of 1.4GW of renewable energy. Besides, it will have 1.5GWh of additional battery storage capacity. “ACWA Power's expertise in green hydrogen, green ammonia, and clean energy has greatly strengthened our collaboration with the Government of Uzbekistan,” Mohammad Abunayyan, ACWA Power Chairman, was quoted in a statement.
He further stated, “Our latest venture into battery energy storage systems (BESS) is a significant step forward in our partnership and a clear demonstration of our commitment to transform the energy landscape in the Republic.”