Acwa Power signs agreements for 1.5GW Uzbekistan wind farm

Acwa Power signs agreements for 1.5GW Uzbekistan wind farm

4 May 2021

Saudi Arabia’s Acwa Power has signed the implementation agreement with the Uzbekistan Ministry of Energy for a planned 1,500MW wind farm in Uzbekistan, which will be one of the largest wind farms in the world when completed

Saudi Arabia’s Acwa Power has signed the implementation agreement with the Uzbekistan Ministry of Energy for a planned 1,500MW wind farm in Uzbekistan, which will be one of the largest wind farms in the world when completed.

Acwa Power signed the implementation agreement with the Uzbekistan’s Ministry of Investments & Foreign Trade and Ministry of Energy for the independent power producer (IPP) project, which will be located in the Karakalpakstan area of Uzbekistan.

Earlier this year, Acwa Power concluded agreements for two wind power projects in Bukhara and Navoi, which will have a combined total power capacity of 1,000MW.

Saudi Arabia’s Acwa Power signed the initial strategic agreements for the projects, which will have a combined value of more than $2bn, with Uzbekistan’s government in March 2020.

In addition to the Navoi and Bukhara wind projects, the agreement covered the construction and operation of a 1,500MW combined-cycle gas turbine (CCGT) power plant.

Acwa Power is also developing the $1bn Sirdarya CCGT IPP in Uzbekistan. The project reached financial close in April this year.

Once completed, the 1.5GW Sirdarya IPP is expected to meet 15 per cent of Uzbekistan’s power demand and will form 8 per cent of the country’s total power capacity.

 

Want more Energy & Utilities insight?

Free energy tutorials at your fingertips this May and June with Middle East Energy Online

Be confident in finding the inspiration you need to navigate the energy evolution. Be energised by 40 hours of free virtual seminars, tech demos, case studies and thought leadership, to help you find the answer to your project challenges, only through Middle East Energy 2021. Plus, discover over 150 renewable and clean energy, transmission & distribution, critical & backup power and energy consumption & management suppliers and solution specialists, from solar and green hydrogen to automation solutions, EV controls, plus switchgears and components.

E&U Podcast

Subscribe to our Market Talk podcast for the latest on the key issues and trends in the energy and utilities sector

List your business

Create a business listing on the Energy & Utilities markeplace

Sign up for the FREE Energy newsletter

The latest news and analysis sent to your inbox.

Drop Us A Message
I have read, understood and consent to your Privacy Policy