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.
Under this 25-year deal, structured as a public-private partnership, ACWA Power will be responsible for the project's construction, ownership, operation and transfer.
The company added that the project's financial impact should become apparent after the first half of 2026. It underlined that the project is still in the development stage and that, should financial closure be reached, the total investment value could change.
Country news
-
-
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.
Read more -
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.
Read more -
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.
Read more -
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.
Read more -
January 13, 2023
Contract awarded for 500 MW solar PV project in Uzbekistan
Uzbekistan’s Ministry of Energy has announced the winners for the construction of three solar Photovoltaic (PV) plants of about 500 MW in Namangan, Bukhara, and Khorezm regions, Uzbekistan
Read more
