Renewable energy producer Voltalia has signed agreements with the Uzbek government for the implementation of two green energy projects, Energy Storage News has reported.
The signing took place in early November on the sidelines of the Uzbek-French business forum. Both projects are to include energy storage systems.
Voltalia signed a protocol on the implementation of a hybrid power plant project in Shurkul near Navoi region with a total capacity of 400 MW. A preliminary agreement on the plant was drawn up in November last year, after the visit of President Shavkat Mirziyoyev to France.
The power plant will combine a wind farm and a solar farm, each with a capacity of 200 MW. The complex will also include a 60-MW battery system (with a total capacity of 240 MW/hour). Voltalia said it would be the first of its kind in Central Asia.
The second power plant will be located in Sarymai, Khorezm region. Voltalia won the tender for its construction in 2022, offering a price of 2.888 cents per 1 kWh.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Articles
Eurasian Development Bank redeems €286mn Eurobond
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more
Georgia’s TBC Bank weighs up separate IPO for TBC Uzbekistan digital bank
London-listed TBC Bank Group PLC (LON: TBCG) is weighing up conducting a separate initial public offering (IPO) for its TBC Uzbekistan digital bank business. Reuters on February 24 ... more
IndiGo cancels Central Asian flights until late February over Iran tensions
Indian budget carrier IndiGo has cancelled all flights to and from Tbilisi, Almaty, Baku and Tashkent until February 28 due to the developing situation around Iran, the airline announced on February ... more