Masdar, an Emirati company, is set to embark on a significant renewable energy project in Uzbekistan, involving the construction of a 2 GW wind farm and energy storage facilities at a cost of $2.6 bn. The investment agreements for this ambitious venture were officially signed on December 27, with representatives from MIIT of Uzbekistan, the Ministry of Energy, and Masdar coming together to solidify their commitment to the initiative, MIIT reported.
The proposed wind farm and associated energy storage facilities are expected to have a considerable impact on Uzbekistan's energy landscape. Aziz Khamidov, the head of the MIIT department, shared insights into the project, noting that it aims to boost electricity production by a significant 7 bn kWh. This increased output is anticipated to provide electricity to over 1 mn households, addressing the growing demand for energy in the region. The total investment for this endeavor is estimated at $2.6 bn, underlining the scale and importance of the project.
Khamidov explained that the inclusion of energy storage facilities in the project is a strategic move to stabilize the operation of the energy grid. These storage facilities play a crucial role in managing the fluctuation between energy supply and demand, particularly during peak hours. By incorporating advanced energy storage solutions, the project seeks to enhance the reliability and efficiency of the energy grid, ensuring a more consistent and stable power supply.
Collaboration on this venture extends beyond the local partnerships, as MIIT and National Electric Grids have also entered into agreements with the Chinese Gezhouba Group for the utilization of energy storage systems. This international collaboration reflects the global nature of the renewable energy sector and emphasizes the importance of sharing expertise and technology to advance sustainable energy solutions.
Feruz Kurbonov, the deputy chairman of National Electric Networks, highlighted that the deployment of batteries in eight regions will play a pivotal role in securing power supply during nighttime hours, further enhancing the resilience and reliability of the energy infrastructure.
This development aligns with Uzbekistan's broader commitment to renewable energy. President Shavkat Mirziyoyev announced that preparations are underway for the construction of 22 solar and wind power plants, with a combined capacity of 9 GW. Looking ahead to 2030, the president envisions green generation sources contributing a total of 27 GW to the country's energy mix.
Earlier Daryo reported that President Shavkat Mirziyoyev of Uzbekistan officially opened six "green" power plants with a combined capacity of 2.4 GW on December 27, underscoring the nation's dedication to sustainable energy and its role in addressing climate change.
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