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UAE’s Masdar partners with Uzbekistan to develop a 1GW 24/7 clean energy project, backed by local power firm.
Masdar, the UAE’s clean energy company, has partnered with Emirates Utilities Development Company and Uzbekistan’s Ministry of Energy to explore a gigascale renewable project in Uzbekistan capable of delivering up to 1 gigawatt of 24/7 clean power.
The initiative, backed by Uzbekistan’s state-owned power company JSC Uzenergosotish as offtaker, aims to advance the nation’s clean energy goals through reliable, round-the-clock renewable energy.
The project builds on Masdar’s existing $2 billion investment in 2GW of renewable projects in Uzbekistan, including a major battery storage system.
It aligns with Masdar’s global strategy to overcome intermittency and achieve 100GW of renewable capacity by 2030.
El Masdar de los Emiratos Árabes Unidos se asocia con Uzbekistán para desarrollar un proyecto de energía limpia de 1GW 24/7, respaldado por una empresa de energía local.