PPA deal signed for 5 GW Onshore wind project in Uzbekistan
ACWA Power Co. has signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for the 5 GW Aral project in the northwestern autonomous region of Karakalpakstan, Uzbekistan.
The signing of a power purchase agreement (PPA) worth US$4.85 billion took place during the Tashkent International Investment Forum, coinciding with the opening ceremony of ACWA Power's Riverside solar park's initial 100-MW phase in Uzbekistan. This event marks a major milestone in the country's renewable energy advancement as it showcases a strong commitment to diversify its energy sources and expand its renewable sector.
The wind project will be developed in five phases. It is expected to produce approximately 18,500 GWh of clean electricity enough to power approximately 4.5 million houses and offset 247 billion tonnes of CO2 per year.
Country news
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April 05, 2024
PPA signed for 200 MW Wind & Battery storage project in Uzbekistan
ACWA Power has signed a SAR 985.13 million (US$262.46 million) power purchase agreement (PPA) with Uzbekistan's National Electric Grid for the Nukus 2 200 MW wind and battery energy storage system (BESS) project.
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March 25, 2024
Phase I of 511 MW Solar Project in Uzbekistan connected to grid
Abu Dhabi Future Energy Co, also known as Masdar has announced that the Samarkand and Jizzakh solar power plants in Uzbekistan have recently connected their initial units to the grid for power generation.
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December 29, 2023
Winning bidder announced for 200 MW wind farm and 100 MW battery storage in Uzbekistan
The Ministry of Energy has announced the winning bidder for the 200 MW wind farm and 100 MW battery storage in the Karaozak and Beruniy districts, Karakalpakstan, Uzbekistan.
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June 22, 2023
Envision Energy to supply turbines for 1 GW Wind Projects in Uzbekistan
Envision Energy has announced that it has been selected as the turbine supplier for the Bash & Dzhankeldy wind projects in Uzbekistan, which have a combined capacity of 1 GW.
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May 02, 2023
US$174 million financing approved for 1 GW wind farms in Uzbekistan
The Asian Development Bank (ADB) and ACWA Power Company (ACWA) have signed a US$174 million worth of loans to develop the Bash wind power and Dzhankeldy wind power plants, both located in the Bukhara region in Uzbekistan.
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