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Saudi to announce national investment strategy soon

Acwa Power hits milestones in Uzbekistan s clean energy drive

Khaleej Times The Uzbekistan Ministry of Energy, Acwa Power, and Air Products have entered into a strategic framework agreement to enable research programs in the fields of renewable energy and hydrogen Following agreements signed in March 2020, cooperation between the Uzbekistan Ministry of Energy, the Ministry of Investments and Foreign Trade, and Acwa Power has led to three major milestones in the development of power projects to enable Uzbekistan’s ambitious energy transformation plan and increase energy capacity by 2500MW. The ground-breaking ceremony of the 1500MW Sirdarya CCGT plant, followed by the signing of two power purchase agreements and investment agreements for two wind power plants located in Bukhara and Navoi, was conducted in the presence of Deputy Prime Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan, Sardor Umurzakov, and Alisher Sultanov, Energy Minister of the Republic of Uzbekistan, as well as a Saudi Arabian delegation

The Ministry of Energy and ACWA Power Achieve Momentous Milestones as Uzbekistan Enhances its Clean Energy Capacity

The Ministry of Energy and ACWA Power Achieve Momentous Milestones as Uzbekistan Enhances its Clean Energy Capacity Written by AZoCleantechJan 27 2021 Following agreements signed in March 2020, cooperation between the Uzbekistan Ministry of Energy, the Ministry of Investments and Foreign Trade, and ACWA Power has led to three major milestones in the development of power projects to enable Uzbekistan’s ambitious energy transformation plan and increase energy capacity by 2500 MW. The ground-breaking ceremony of the 1500 MW Sirdarya CCGT plant, followed by the signing of two Power Purchase Agreements and Investment Agreements for two wind power plants located in Bukhara and Navoi, was conducted in the presence of Deputy Prime Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan, H.E. Sardor Umurzakov, and H.E. Alisher Sultanov, Energy Minister of the Republic of Uzbekistan, as well as a Saudi Arabian delegation led by H.E. Eng Khalid Al-Falih, Minist

ACWA Power to Develop Three Power Projects in Uzbekistan

Acwa Power launches 2500MW power projects in Uzbekistan

Acwa Power launches 2500MW power projects in Uzbekistan RIYADH, January 26, 2021 Saudi-based Acwa Power has announced the launch of three ground-breaking power projects in Uzbekistan with a combined investment value of $2.5 billion and a 2500MW capacity.    Of these, two are wind power plants located at Bukhara and Navoi regions of the Central Asian nation  with aggregate power generation capacity of 1000MW, while the other one is the 1500MW Sirdarya CCGT plant, said a statement from Acwa Power, which has entered into a strategic framework agreement with the Uzbekistan Ministry of Energy and US-based Air Products.   As per the deal, the trio will work on research programmes in the fields of renewable energy and hydrogen.

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