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
-
SkyWorld acquires Batu Kawan land for affordable housing project
11 July 2025
-
Morocco begins Casablanca airport expansion works
10 July 2025
-
Iraq shortlists 10 global bidders for Baghdad Airport PPP redevelopment project
10 July 2025
-
TCL Solar joins forces with AU Solar and Madina Solar in Pakistan
10 July 2025
-
VINCI Construction and Colas Rail secure €100m contract in Chile
10 July 2025
-
Nigeria weighs urgent replacement for crumbling bridges to Lagos island
10 July 2025