UAE’s AMEA Power Signs 1GW Investment Agreement in Uzbekistan
15 January 2025AMEA Power, UAE announces that it has signed key agreements for groundbreaking renewable energy projects in Uzbekistan.
The Company has signed the Investment Agreement (IA) for a 1GW wind project located in Karakalpakstan. The IA was signed by H.E. Laziz Kudratov, Minister of Ministry of Investment, Industry and Trade of the Republic of Uzbekistan, and Hussain Al Nowais, Chairman of AMEA Power.
Furthermore, the company has signed the IA and Battery Storage Service Agreement (BSSA) for a standalone 300MWh BESS project. These agreements were signed by Shokhrukh Karabayev, First Deputy Chairman of the Board of Uzenergosotish JSC, Hussain Al Nowais, Chairman of AMEA Power, and Basma Bentaher, Chief Development Officer of AMEA Power.
These agreements were signed on the sidelines of the official visit of H.E. Shavkat Mirziyoyev, the President of Uzbekistan to the United Arab Emirates.
These milestones reflect our unwavering commitment to advancing sustainable energy and expanding our footprint across Uzbekistan & Central Asia, the statement mentioned.
Related
-
Contractor appointed for Emaar Creek Harbour project
4 March 2025
-
Laos-China 500kV power link to be complete by 2026
2 March 2025
-
Kenya’s government partners with World Bank in the Nairobi Rail Expansion Plan
2 March 2025
-
Merdeka Battery secures $1.4bn financing for nickel plant in Indonesia
28 February 2025
-
Jordan invites interest in Aqaba silica terminal PPP
28 February 2025
-
Hyundai Rotem secures $1.5bn train deal with Morocco
28 February 2025