ACWA Power invests in Uzbekistan solar-storage
Saudi energy developer ACWA Power has signed three power purchase agreements and investment agreements with Uzbekistan’s joint-stock company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade, which will result in the development of 1.4GW of solar photovoltaic projects and 1.5GWh of battery storage capacity.
The agreements cover three solar photovoltaic projects n Tashkent and Samarkand and three battery energy storage systems in Tashkent,Bukhara and Samarkand.
The Tashkent projects will include a 400 MW PV plant and 500 MWh of battery storage, while two 500 MW PV projects and a 500MWh storage system will be developed in Samarkand. Another 500 MWh storage project will be located in Bukhara, which will include overhead transmission lines to help dispatch power to the grid.