• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12591.57
    • RUB153.82
    • EUR14545.78
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +29°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Uzbekistan

    Uzkimyosanoat, ACWA Power, and EBRD ink agreement for green hydrogen project in Uzbekistan

    Uzkimyosanoat, ACWA Power, and EBRD ink agreement for green hydrogen project in Uzbekistan

    Uzkimyosanoat and ACWA Power, along with the European Bank for Reconstruction and Development (EBRD), have signed an agreement to advance a green hydrogen project in Uzbekistan. The deal includes a bridge loan and guarantees to support the development of a green hydrogen production facility. This project is the first of its kind in the CIS and Central Asia.

    Photo: Uzkimyosanoat, ACWA Power, and EBRD sign agreement for green hydrogen project
    Source: Uzkimyosanoat

     

    The project will see the establishment of green hydrogen production facilities in the Tashkent region, featuring the installation of electrolyzers and wind turbines. Specifically, the project will construct a 20 MW electrolyzer facility and a 52 MW wind power plant to supply renewable energy for hydrogen production.

    The signing ceremony on September 10 was attended by key figures from Uzkimyosanoat, ACWA Power, and the EBRD. The low-interest credit resources will be used directly for the project's financing, bypassing the need for a state guarantee.

    Under the agreement, the project will be managed by the joint venture ACWA-UKS GH2, where ACWA Power holds an 80% stake and Uzkimyosanoat holds 20%. 

    The EBRD has committed a financial package totaling $65mn to ACWA Power UKS Green H2, a joint venture formed to develop, design, construct, and operate the green hydrogen facility. 

    This package comprises a senior loan of $55mn and concessional financing of up to $10mn from Canada’s High Impact Partnership on Climate Action (HIPCA) Fund. Additionally, the EBRD will offer a bridge loan for equity of up to $5.5mn.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    12.09.2024, 13:21   Comments (0)   1173
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan's Uzkimyosanoat earns international acclaim with credit rating of B1 from Moody's Investors Service

    09.12.2023, 13:30

    EBRD makes first direct equity investment in Central Asia’s graphite industry 

    09.08.2024, 11:00

    EBRD to provide $65mn for Uzbekistan’s renewable hydrogen project 

    28.08.2024, 15:15

    Building bridges: Azerbaijan’s expanding role in Central Asia’s multilateral cooperation

    12.09.2024, 11:21

    AIIB to host first Central Asia meeting in Samarkand with focus on sustainable infrastructure development 

    12.09.2024, 10:30

    Uzbekistan reopens Shakhrisabz Airport after 20-year hiatus 

    12.09.2024, 09:30
    ×Lightbox Image
     

    Recommended

    Heatwaves could kill thousands annually across Central Asia by 2090, World Bank warns

    17 July, 12:10

    Azerbaijan vs Russia: why a bilateral quarrel is reverberating across Central Asia

    9 July, 15:42

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12
     
     
     

    Latest news

    Ekaterina Barabanova: Why the CIS needs to challenge talent strategy before 2027

    Central Asia | 30 July, 19:30

    Mirziyoyev slams raw fruit exporters as rejected shipments threaten Uzbekistan’s market reputation

    Uzbekistan | 30 July, 17:02

    JW Marriott to make Uzbekistan debut in Tashkent by end of 2025

    Uzbekistan | 30 July, 14:30

    “Kazakhstan is one of our largest trading partners”, says Erdogan, as Türkiye aims to raise trade volume to $15bn

    Kazakhstan | 30 July, 13:02

    Iran to establish railway connection with Tajikistan and Turkmenistan

    World | 30 July, 11:50

    Uzbekistan to restructure military education system with new defense university and dual-degree programs

    Uzbekistan | 30 July, 10:30

    Uzbekistan ramps up anti-corruption efforts as 75% of cases involve daily public services

    Uzbekistan | 30 July, 09:08
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.