Saudi Arabia's ACWA Power to Construct Two Solar Plants in Uzbekistan by 2023
Apr 01,2024 | DAXTROMNSOLAR
Saudi Arabian utility ACWA Power has announced plans to build two solar power plants in Uzbekistan by 2023. The plants, with a combined capacity of 1,500 MW, will be located in Uzbekistan's Navoi and Bukhara regions. ACWA Power will invest $2.5 billion in the projects, which aim to strengthen Uzbekistan's renewable energy sector and reduce carbon emissions. The agreement between ACWA Power and the Uzbek government supports the country's ambitious goal of generating 25% of its energy from renewable sources by 2030. ACWA Power has experience in developing and operating renewable energy projects across the Middle East, Africa, and Asia, and is committed to supporting Uzbekistan in harnessing its solar potential.
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It is encouraging to see Saudi Arabia's ACWA Power entering into a partnership with Uzbekistan to develop solar power plants. This initiative not only contributes to the expansion of Uzbekistan's renewable energy sector but also aids in reducing carbon emissions. The investment of $2.5 billion showcases ACWA Power's commitment to sustainable energy development. By working towards Uzbekistan's goal of generating 25% of its energy from renewable sources by 2030, ACWA Power is playing a significant role in the country's transition towards a greener energy future. This collaboration highlights the importance of international cooperation in combating climate change and promoting clean energy solutions.
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