ACWA Power has agreed to deploy wind energy and battery capacity to help power what is claimed will be the Middle East and Africa region’s ‘first battery gigafactory.’
The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.
The World Bank and other financial institutions will provide a US$159 million package for a 250MW solar PV, 63MW battery energy storage system (BESS) project from UAE state-owned renewable energy developer Masdar in Uzbekistan.
France-headquartered independent power producer (IPP) Voltalia has started building a 126MW solar PV project in Uzbekistan, to which it will add a 50MW/100MWh BESS with plans to build another project ten times as big.
UAE-based renewable energy company Masdar has expanded the scale of an agreement with the government of Uzbekistan to develop battery energy storage systems (BESS).
Officials from 56 Muslim-majority nations have come together to pledge new climate-related technology goals that included promoting microgrids, energy storage and renewable energy targets.