ACWA Power signs deal to develop wind, battery storage in In Short – ACWA Power secures a contract to advance wind energy and battery storage projects in Uzbekistan, fostering sustainable energy development in the region. In Details – Saudi Arabia’s ACWA Power said March 31 that it has signed an agreement for development of a […]
Saudi’s Acwa Power, Uzbekistan sign agreement for 800 mw renewable project – EQ
In Short : Saudi Arabia’s Acwa Power and Uzbekistan have signed an agreement for an 800 MW renewable energy project, marking a significant collaboration in the advancement of clean energy. This partnership demonstrates a commitment to sustainable development and the expansion of renewable power capacity in Uzbekistan. In Detail : Saudi Arabia’s Acwa power company […]
ACWA POWER SIGNS POWER PURCHASE AND INVESTMENT AGREEMENTS FOR THREE NEW GREEN PROJECTS IN UZBEKISTAN – EQ Mag
Three solar photovoltaic plants with three BESS projects to be developed in Tashkent, Samarkand, and Bukhara Aggregate power production of 1.4 GW from solar PV projects and 1.5 GWh of storage capacity from Battery Energy Storage Systems (BESS) Total investment committed in energy projects currently stands at USD 7.5 bn Supporting Uzbekistan’s ambitious clean energy […]
ADB Approves $150 Million Loan to Improve Economic Management in Uzbekistan – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $150 million policy-based loan and a $400,000 grant to improve economic management in Uzbekistan. The first subprogram of ADB’s Economic Management Improvement Program, Phase 2 continues and deepens ADB’s earlier support in public sector management reforms. The program supports the government’s efforts to reform […]
Saudi Arabia’s ACWA Power Expands Its Energy Portfolio in Uzbekistan – EQ Mag Pro
Inks three major development agreements valued at more than US$12billion on the occasion of the state visit of H.E. Shavkat Mirziyoyev, President, Republic of Uzbekistan to the Kingdom of Saudi Arabia Uzbekistan will become the second largest country for ACWA Power in terms of overall investment Company formalises agreement for c.US$2.4billion 1.5GW wind farm in […]
Uzbekistan legalizes solar-powered crypto mining – EQ Mag Pro
Uzbekistan will allow companies to mine cryptocurrencies using solar energy and will exempt all crypto operations by domestic and foreign companies from income tax, according to a presidential decree published this week. The Tashkent government wants miners to power their farms by installing their own solar panels. Alternatively, mining companies can be connected to the […]
Uzbekistan Issues Tender for Supply of 300 MW Solar Project – EQ Mag Pro
The Ministry of Energy of Uzbekistan (MOE) is pleased to announce the launch of the Request for Qualifications for the Guzar Solar PPP Project (the Project) with a capacity of up to 300MWac. The Project is the second project under the 1GW Solar Program being developed by the Government of the Republic of Uzbekistan (GOU) […]
ACWA Power signs agreement for 100 MW Uzbekistan wind power project – EQ Mag Pro
US$108million Nukus wind project signals ACWA Power’s expansion into the Uzbek energy industry Financial close for the project targeted for Q3 2022, with commercial operations expected by early 2024 Riyadh, KSA: 20 December 2021: ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, today announced […]
UAE And Uzbekistan: Heralding a New Era – EQ Mag Pro
As Uzbekistan hosts its first-ever independent pavilion at Expo 2020 Dubai, the country’s ambassador to the UAE Bakhtiyor Ibragimov reveals why he is confident about stronger ties with the UAE. How has Uzbekistan’s bilateral relations with the UAE evolved in recent years? This year, we will be celebrating 29 years of establishing diplomatic relations between […]
Masdar Celebrates Inauguration of Landmark 100 MW Nur Navoi Solar Project in Uzbekistan – EQ Mag Pro
President of Uzbekistan attends inauguration ceremony for Nur Navoi Solar, Uzbekistan’s first successfully-financed independent power producer (IPP) solar project and first utility-scale solar plant. 100-megawatt plant has begun energization to support Uzbekistan’s renewable energy targets ABU DHABI : Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has […]