Uzbekistan: European Bank for Reconstruction and Development supports solar PV project with 500MWh BESS
- Admin
- Jul 4, 2024
- 1 min read
Middle-Eastern companies like ACWA Power and Masdar have invested significantly in Uzbekistan’s renewable energy sector. 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 project is core to Uzbekistan’s ambition to install 25GW of renewables by 2030.
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