Abu Dhabi clean energy company Masdar’s total investment in Uzbekistan has reached $4 billion, with 1.4 gigawatts of clean energy from its projects now connected to the national grid in the country.
The company on Thursday signed an implementation agreement to develop a two-gigawatt wind farm announced in May.
The new agreement also includes the deployment of 1,150 megawatt hours (MWh) of battery energy storage capacity, up from the 500 MWh announced in May, across five of the company's projects in Uzbekistan, Masdar said on Thursday.
Meanwhile, the projects connected to the country's grid include the Zarafshan wind farm and three solar projects located in Jizzakh, Samarkand and Sherabad, which represent the largest solar development programme in the region.
“The historic UAE consensus achieved at Cop28 sets out an ambitious climate agenda to keep 1.5°C within reach by transitioning to clean energy projects and reducing harmful emissions,” said Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, chairman of Masdar, and Cop28 President.
Delegates at the UN summit in Dubai agreed to a deal this month that would, for the first time, push nations to transition away from fossil fuels to avert the worst effects of climate change.
“These ambitious projects will be an essential contribution to that shared goal, as we partner with Uzbekistan to support its clean energy objectives and strengthen the already powerful bond between our two nations,” Dr Al Jaber said.
“The world has come together to set a target of tripling renewable energy capacity by 2030, and that means delivering projects at a scale greater than we ever reached before.”
Uzbekistan is targeting seven gigawatts of solar and five gigawatts of wind capacity by the end of this decade as part of its plans to generate 25 per cent of its energy from renewables.
Masdar has been active in Uzbekistan since 2019, with the development of the nation’s first successfully financed independent power producer solar project, the 100MW Nur Navoi Solar Project, operational since 2021.
At the end of last year, Masdar was also awarded Uzbekistan’s Bukhara Solar PV project, the first of its kind in Central Asia, with a 250MW solar capacity and a 126MWh battery energy storage system.
In June, Masdar was awarded the country’s Guzar Solar PV project with a capacity of 300MW and 75MWh storage capacity.
Meanwhile, the new two-gigawatt wind farm it will develop will produce enough electricity to power around one million homes, while displacing approximately 4 million tonnes of carbon dioxide emissions annually, Masdar said.
“Uzbekistan is a key strategic destination for Masdar. The connection of these great projects demonstrates our long-term commitment to Uzbekistan and our capability to fast-track projects, taking them from inception to implementation,” said Masdar chief executive Mohamed Al Ramahi.
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Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
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Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan
Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
When December 14-17
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THE NEW BATCH'S FOCUS SECTORS
AiFlux – renewables, oil and gas
DevisionX – manufacturing
Event Gates – security and manufacturing
Farmdar – agriculture
Farmin – smart cities
Greener Crop – agriculture
Ipera.ai – space digitisation
Lune Technologies – fibre-optics
Monak – delivery
NutzenTech – environment
Nybl – machine learning
Occicor – shelf management
Olymon Solutions – smart automation
Pivony – user-generated data
PowerDev – energy big data
Sav – finance
Searover – renewables
Swftbox – delivery
Trade Capital Partners – FinTech
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UAE currency: the story behind the money in your pockets
If you go
The flights
There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.
The trip
Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.
The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.
MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
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Rating: 4/5
Specs
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Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
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World Cup qualifier
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UAE 1 (Mabkhout 45 2')
West Asia rugby, season 2017/18 - Roll of Honour
Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain
Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons
West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins
UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles
UAE Premiership - Winners: Dubai Exiles; Runners up: Abu Dhabi Harlequins
Killing of Qassem Suleimani
The years Ramadan fell in May
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Killing of Qassem Suleimani
Killing of Qassem Suleimani
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
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