ACWA Power signs power purchase and investment agreements for three new green projects in Uzbekistan

ACWA Power has signed three power purchase agreements and investment agreements with Uzbekistan’s joint-stock company National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade.

The agreements include the development of three solar photovoltaic (PV) projects with a total capacity of 1.4 GW, and three battery energy storage systems (BESS)  with a total capacity of 1.5 GWh . These projects will be developed in Tashkent, Bukhara and Samarkand. The Tashkent projects will include a 400 MW PV plant and 500 MWh BESS, while two 500 MW PV projects each and a 500 MWh BESS will be developed in Samarkand. Another 500 MWh BESS will be located in Bukhara, and the project will include overhead transmission lines to help dispatch power to the grid. The projects will play an instrumental role in achieving Uzbekistan’s ambitious targets to transition to a low-carbon economy as well as diversify its energy sources.