HomeRenewable energy ›ACWA Power Signs PPA for 1.5GW Wind Plant in Uzbekistan

ACWA Power Signs PPA for 1.5GW Wind Plant in Uzbekistan

ACWA Power signed the power purchase agreements (PPAs) and investment agreements (IAs) with the government of the Republic of Uzbekistan to develop the 1.5 GW Kungrad wind farm in the republic of Karakalpakstan, Uzbekistan; formerly referred to as the Karakalpakstan Wind IPP.

January 03, 2023. By News Bureau

ACWA Power signed the power purchase agreements (PPAs) and investment agreements (IAs) with the government of the Republic of Uzbekistan to develop the 1.5 GW Kungrad wind farm in the republic of Karakalpakstan, Uzbekistan; formerly referred to as the Karakalpakstan Wind IPP.


The wind farm shall comprise of three 500MW wind power projects owned by 3 subsidiaries, namely ACWA Power Kungrad Wind 1 LLC FE, ACWA Power Kungrad Wind 2 LLC FE and ACWA Power Kungrad Wind 3 LLC FE.

Each of the 3 projects will also incorporate a 100MW capacity battery energy storage system. 

Regarded as the largest single-site wind farm in Central Asia to date, and one of the largest of its kind in the world, the wind farm is expected to reach an investment value of USD 2.4 billion.

Located in Kungrad district, Republic of Karakalpakstan, in Uzbekistan, the wind farm is expected to offset 2.4 million tonnes of carbon emissions per year and will have minimum environmental impact due to the utilisation of the latest mitigation technologies, including bird detecting technology, that combines cutting edge technology in both image sensors and software to prevent bird collision or fatality.

The Kungrad wind farm will bolster the Uzbek government’s long-term strategy to diversify the country’s energy mix, which targets 8GW and 12GW of solar and wind capacity by 2026 and 2030, respectively.

"We are deeply honoured to build upon our close partnership with the Republic of Uzbekistan as the nation continues to advance its decarbonisation efforts, pursuing a strong shift towards renewable energy. The signing of key agreements today for the landmark Kungrad wind farm project, which will set a new benchmark for sustainable energy development in the region, and the world, would have not been possible without the guidance of our visionary leadership and the trust and commitment of our partners from the Uzbek government", Mohammad Abunayyan, ACWA Power Chairman.

Please share! Email Buffer Digg Facebook Google LinkedIn Pinterest Reddit Twitter
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
 
 
Next events
 
 
Last interviews
 
Follow us