About Tashkent wind power project with energy storage
Dubai-based renewables developer and operator AMEA Power has signed separate investment agreements for a 1-GW wind project and a 300-MWh battery energy storage system (BESS) in Uzbekistan as part of its strategy to expand into the country and the Central Asian region.
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6 FAQs about [Tashkent wind power project with energy storage]
What is EBRD doing with Tashkent solar PV & energy storage?
Nandita Parshad, Managing Director, Sustainable Infrastructure Group at EBRD, said: “We are proud to partner with ACWA Power and co-financiers on the pioneering Tashkent Solar PV and energy storage project in Uzbekistan, the largest of its kind in Central Asia. The project is core to Uzbekistan's ambition to install 25GW of renewables by 2030.
What is the Nukus wind farm?
The Nukus wind farm is ACWA Power’s fourth project in Uzbekistan, after the US$1.2 billion Sirdarya project, which is a 1500MW Combined Cycle Gas-Turbine (CCGT) power plant, the 500 MW Bash facility and the US$1.3 billion Djankedly wind power project in Bukhara. We are delighted to continue our expansion in Uzbekistan.
Why is ACWA partnering with Tashkent Riverside?
The agreement today for the Tashkent Riverside project reflects the strong trust placed in ACWA Power as the private sector partner, and one of the global leaders in renewables and energy storage.
Will Uzbekistan generate 40% of its electricity from renewables?
By 2030, Uzbekistan is aiming to generate 40% of its electricity from renewables. The BESS will help to mitigate the effects of intermittency that are inherent in renewable energy sources, storing excess electricity generated during times of high production and make it available during periods of low production.
Is ACWA Power a good investment in Uzbekistan?
Uzbekistan is ACWA Power's second-largest market in terms of investments, underscoring the company's long-standing commitment to the country. The company’s current portfolio in Uzbekistan now comprises 11.6GW of power, of which 10.1GW is renewable, as well as the Republic’s first green hydrogen project, with a capacity of 3,000 tonnes per year.
What is the Uzbek greenfield project?
The greenfield development will involve the development of a 200MW solar photovoltaic (PV) plant and a 500MWh BESS that will serve to stabilise the Uzbek grid.