Saudi-listed ACWA Power, has broken ground on the first phase of a 3,000 tonne-per-year green hydrogen project in Uzbekistan.
The project was inaugurated by Shavkat Mirziyoyev, President of Uzbekistan, and His Excellency Khalid Al Falih, Minister of Investment, Saudi Arabia. The event was attended by the prime minister Mr. Abdulla Nigmatovich Aripov, the Ministry of Finance, governor of Syrdarya region, and Uztransgaz Chairman, and Mr. Mohammad Abunayyan, Founder and Chairman, ACWA Power.
The project will be developed in two phases. The first phase, a 3,000 tonne green ammonia pilot project, is already underway following the signing of the hydrogen purchase and power purchase agreements in May 2023. Once the second phase is complete, 2.4 GW of wind energy will power the production of 500,000 tonnes of green ammonia per year.
When completed in full, this will be ACWA Power’s second utility-scale green hydrogen project after the NEOM Green Hydrogen Project in Saudi Arabia, which is a joint venture between ACWA Power, NEOM and Air Products.
Uzbekistan is ACWA Power’s second-largest market in terms of investments, underscoring the company’s long-standing commitment to the country with a portfolio including 12 projects, 11 of which are fully-renewable.
