UAE’s Masdar, Uzbekhydroenergo partner up to evaluate potential of national hydro power storage

By bne IntelliNews March 15, 2024

United Arab Emirates renewable energy company Masdar has partnered with Uzbekhydroenergo to evaluate the potential of national hydroelectric power storage projects.

Masdar and Uzbekhydroenergo, a state-owned hydroelectric power producer, said they were looking to enhance Uzbekistan’s renewable energy capacity and address supply challenges.

The companies will study the feasibility of constructing pumped-storage hydroelectric power plants in the Central Asian country.

Pumped hydroelectric storage provides a steady and dependable energy storage solution designed to function at a utility scale.

The agreement is a milestone for Masdar. It marks the company’s inaugural venture into pumped hydropower storage.

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