Arctech Expands Solar Tracker Biz In Uzbekistan Updated On Mon, Nov 11th, 2024 by Saurenergy Solar tracker company Arctechannounced that it has started the shipment of its signature 1P single-axis solar tracking system SkyLine II for the 320MW photovoltaic project in Buka, Tashkent, Uzbekistan. This shipment has been initiated within only half a month following the project’s signing. The project is located in Buka, where it faces severe weather conditions […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan Updated On Mon, Apr 1st, 2024 by Saurenergy Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […] Read more
CEEC, Arctech Partner To Launch 400MW Solar Project In Uzbekistan Updated On Tue, Jan 9th, 2024 by Saurenergy Global solar tracking company Arctech announced that its SkyWings single-axis solar trackers have enabled the on-schedule grid connection of the first 400 MW phase of China Energy Engineering Group’s (CEEC) 1GW solar project in Uzbekistan. The country reportedly utilized 97 percent of its renewable energy potential. Uzbekistan is spearheading an ambitious energy transition strategy to achieve carbon neutrality by 2050. As a […] Read more
ACWA Power to Build 2.6 GW of Solar and Storage Facilities in Uzbekistan Updated On Tue, Mar 7th, 2023 by Saurenergy Saudi Arabia flagship company for renewable energy ACWA Power has announced that it has signed agreements under which it will be developing two solar parks and also storage capacities in Uzbekistan. ACWA Power held that the combined capacity of the solar power projects will be about 1.4 GW. The company will also include battery storage […] Read more
ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan Updated On Mon, Dec 26th, 2022 by Saurenergy Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Goldwind To Supply 111 Wind Turbines To Masdar For Uzbekistan Wind Project Updated On Mon, Oct 10th, 2022 by Saurenergy Chinese multinational wind turbine manufacturer Goldwind has announced that it has secured a novel deal with Masdar (Abu Dhabi Future Energy Company) for the supply of 111 units of GW155-4.5MW turbines. The turbines will be supplied for the largest of its kind project in Uzbekistan and Central Asia. Goldwind held that the agreement with Masdar […] Read more
UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project Updated On Mon, Sep 5th, 2022 by Saurenergy UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […] Read more
