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Uzbekistan goes big on wind

ACWA Power has announced three new strategic agreements with Uzbekistan’s Energy Ministry; an Implementation Agreement for a mammoth wind farm of up to 1,000 MW; a 25-year PPA and Investment Agreement for a 1,500 MW natural gas plant; and a memorandum of understanding (MOU) to establish a training center for Uzbek students and professionals. The wind farm Implementation Agreement is worth between $550 million and $1 billion depending on its eventual size, and covers ACWA Power’s development, financing, construction, and O&M of the project. The 1,500 MW Combined Cycle Gas-Turbine plant will cost $1.2 billion, will be located in the Sirdarya region, and will follow the ‘Build, Own, Operate, Transfer’ pattern, with ACWA Power again taking the leading role in…

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