Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Power

ACWA Power Completes $533 Million Dry Financial Close for Tashkent Riverside Project in Uzbekistan

editor by editor
July 8, 2024
in Power
Reading Time: 1 min read
0
ACWA Power
Share on FacebookShare on TwitterShare on Linkedin

RELATED POSTS

HPDCAPL Earns Carbon Credits for 3 MW Zemithang Hydro Project

Maharashtra to Offer India’s Lowest Industrial Power Tariffs

This project includes a 200 MW solar photovoltaic facility and a 500 MWh battery energy storage system (BESS) to enhance the stability of Uzbekistan’s power grid. Furthermore, six lenders have signed financing agreements, including EBRD, IsDB, DEG, Proparco, Standard Chartered, and KfW-IPEX Bank. The total debt financing amounts to $386 million. This funding covers more than two-third of the total cost of the project. The country aims to generate 40 per cent of its electricity from renewable sources by 2030. This project is crucial for Uzbekistan’s goals of transitioning to a low-carbon economy and diversifying its energy sources. Additionally, the BESS will address the intermittency issues associated with renewable energy by storing excess electricity during high production periods and releasing it when production is low. This will ensure a steady and reliable power supply to meet Uzbekistan’s growing energy demands.

Tags: ACWA PowerBESSLow Carbon Economy
ShareTweetShare
editor

editor

Related Posts

HPDCAPL

HPDCAPL Earns Carbon Credits for 3 MW Zemithang Hydro Project

by Palak
July 21, 2025
0

The Hydro Power Development Corporation of Arunachal Pradesh Limited (HPDCAPL) has secured carbon credits for its 3 MW small hydro...

Maharashtra government

Maharashtra to Offer India’s Lowest Industrial Power Tariffs

by Palak
July 21, 2025
0

The Maharashtra government is set to introduce the country’s lowest industrial power tariffs. The revised tariff plan is in its...

Reliance Power

Reliance Power Board Clears Rs 90 Billion Fundraise via QIP

by Palak
July 18, 2025
0

Reliance Power Limited’s board has approved enabling resolutions to raise up to Rs 60 billion through qualified institutions placement (QIP),...

ACWA Power

ACWA Power, Badeel, and SAPCO to Develop 15 GW Clean Energy Projects in Saudi Arabia

by Palak
July 17, 2025
0

ACWA Power in partnership with Badeel and the Saudi Aramco Power Company (SAPCO) has entered into power purchase agreements with...

Ministry of Power

Ministry of Power Launches ADEETIE Scheme to Boost Energy Efficiency in MSMEs

by Palak
July 17, 2025
0

The Ministry of Power (MoP) has launched the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme...

Next Post
ENGIE group

Engie Secures Rs 14.6 Crore Loan for 400 MW Solar Project

Government Green Hydrogen

Government Releases New Funding Guidelines for Green Hydrogen Testing Facilities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Sharika Enterprises

Sharika Enterprises to Automate BMM Ispat Power with SCADA

July 22, 2025
Solar Energy

Solex Energy Unveils Two Next-Gen High-Efficiency Solar Solutions

July 22, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Sharika Enterprises to Automate BMM Ispat Power with SCADA

Solex Energy Unveils Two Next-Gen High-Efficiency Solar Solutions

Pedal Power Surge: Bicycle Industry Poised for Rapid Expansion

Cabinet Grants Investment Exemption to NLCIL for Boosting Renewable Energy Expansion

HPDCAPL Earns Carbon Credits for 3 MW Zemithang Hydro Project

Delhi Government Issues Amendments to Solar Energy Policy 2023

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved