The Ministry of Innovation and Technology (MIIT) in Uzbekistan set the stage for a significant collaboration as it hosted a pivotal meeting between Deputy Minister Oybek Khamraev and Mohamed Bow-Zeid, the Business Development Director of Vision Industries, a Saudi company specializing in the realm of alternative energy. The meeting bore testament to the growing prospects of cross-border cooperation, particularly in the domain of renewable energy systems, MIIT reported on August 28.
During the meeting, substantial headway was made as both Deputy Minister Oybek Khamraev and Mohamed Bow-Zeid of Vision Industries reached impactful agreements. These agreements center around joint projects geared towards the localization of components indispensable for wind energy systems. The emphasis on collaboration within the renewable energy sector underscores the commitment of both parties to advancing sustainable energy solutions.
Vision Industries, established in 2021, has swiftly emerged as a prominent player in the global alternative energy landscape. With an expansive reach spanning 13 countries, the company commands a remarkable total capacity of 45 GW from alternative energy sources. Notably, Vision Industries is at the helm of projects valued at $5.3 bn, encompassing the development of critical infrastructure such as electricity storage systems, green hydrogen production facilities, and the manufacturing of essential components used in wind power systems.
This strategic meeting holds profound implications for Uzbekistan's journey towards sustainable energy adoption. By focusing on the localization of wind energy system components, Uzbekistan is poised to enhance its energy independence and contribute to global sustainability endeavors. The localization of such components is pivotal in nurturing domestic capabilities in renewable energy production, ultimately leading to reduced reliance on conventional energy sources and a decreased carbon footprint.
The MIIT-hosted meeting between Deputy Minister Oybek Khamraev and Vision Industries' Mohamed Bow-Zeid is emblematic of the broader international trend towards renewable energy partnerships.
Earlier Daryo reported that Energy Ministers from Uzbekistan, Kyrgyzstan, and Kazakhstan discussed Kambarata-1 Hydropower Plant.
Follow Daryo's official Instagram and Twitter pages to keep current on world news.
Comments (0)