Saudi Arabia’s ACWA Power to build two solar plants in Uzbekistan
According to Uzbekistan’s Energy Ministry, Saudi Arabia’s ACWA Power will build two solar plants in Uzbekistan with a total capacity of 1.4 gigawatts and three power storage systems with a combined capacity of 1.2 gigawatts. The two parties have signed investment agreements on the project worth $2.5 billion and deals under which Uzbekistan will buy power from the facilities. Uzbekistan plans to produce more than a third of its energy from renewable sources by 2030.
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