TASHKENT, Uzbekistan, March 7. Saudi Arabia's ACWA Power will build two new solar power plants in Uzbekistan, Trend reports.
According to the Ministry of Energy and the Ministry of Investment, Industry and Trade, the investment agreements were signed on March 4.
The agreements provide for the commissioning of a 400 MW solar photovoltaic power plant and a 400 MW energy storage system in the Tashkent region.
ACWA Power will also build a 1,000 MW photovoltaic power plant and 400 MW energy storage systems in Samarkand. In addition, there are 400 MW of energy storage systems in the Bukhara region.
The projects also envisage the construction of high-voltage power transmission lines. The projects will attract $2.5 billion in investments.
Meanwhile, PowerChina Construction Company and Saudi Arabian ACWA Power have started construction of a plant for the production of green hydrogen in Uzbekistan’s region of Chirchik.
The current total volume of ACWA Power's investments in energy projects in Uzbekistan amounts to $7.5 billion.
