[Original title] The UAE Masdar Company invested in the construction of the largest wind power plant in Central Asia
According to the Ministry of Energy of Uzbekistan, on August 31, local time, the UAE renewable energy developer Masdar Company (Masdar) signed a contract with the Uzbek government. entered into an agreement to invest in the construction of the Zarafshan wind power plant in Navoi state.
This will be the first industrial wind power plant in Uruguay with a capacity of 500 MW, located in the Tamdern district of Navoi state.
energy experts said that the project will be the largest wind power project in Central Asia, capable of supplying electricity to nearly one million households and reducing carbon dioxide emissions by about 1.1 million tons per year. According to the plan, by 2030, a quarter of Ukraine's electricity needs should be met by renewable energy.
Sultan Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change, and Masdar representative, expressed his views on the significance of the project. He said: "The UAE and Uzbekistan are advancing the common goal of taking pragmatic measures to combat climate change and achieve carbon neutrality by 2050. Leveraging Masdar's extensive experience in developing renewable energy, Uzbekistan Taking steps to become a regional leader in tackling climate change, driving the global energy transition and reducing carbon emissions. The project will make a positive contribution to Uzbekistan's energy security and diversity strategy and will help strengthen relations between the two countries.
Masdar CEO Mohammad Jameel Ramashi agreed with him and said: "This project brings Ukraine one step closer to achieving its ambitious goal in the field of renewable energy. Ukraine is an important strategic investment area for our company. , looking forward to continuing the development and implementation of projects in the country.”
The year before last, Masdar signed an agreement with the Ukrainian government that stipulated the conditions for the design, construction and operation of the Zarafshan wind power plant.
Zarafshan wind power plant is the second major project implemented by Masdar in Ukraine, the first being a 100 MW photovoltaic power plant which was put into operation last year in Navoi region. The Zarafshan wind power plant is scheduled to be commissioned by the end of 2024. Although it has not yet been completed, in addition to the investment agreement, a power purchase agreement has been signed between Masdar Corporation, the Ministry of Investment and Foreign Trade of Ukraine, and the State Grid Corporation of Ukraine.
Last year, Masdar signed a number of agreements, according to which several more photovoltaic power plants will be built in Ukraine with a total capacity of 897 megawatts.
Masdar was established in 2006 and headquartered in Abu Dhabi is a wholly-owned subsidiary of Mubadala Investment Company, a sovereign investment fund of the Abu Dhabi government, dedicated to renewable energy development investment and sustainable development Urban Development is one of the most competitive developers of renewable energy power generation projects.
Source: Nuz News Network
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