ACWA Power launches 3,000TPY green hydrogen project in Uzbekistan
Saudi-listed ACWA Power, renowned as the world’s largest private water desalination company and a leader in energy transition, has initiated the first phase of a groundbreaking 3,000 tonne-per-year green hydrogen project in Uzbekistan.
Historic Inauguration Event with Global Leaders
The project’s inauguration was led by Shavkat Mirziyoyev, President of Uzbekistan, and His Excellency Khalid Al Falih, Minister of Investment, Saudi Arabia. The event witnessed the presence of prominent figures including Uzbekistan’s Prime Minister Mr. Abdulla Nigmatovich Aripov, representatives from the Ministry of Finance, the governor of Syrdarya region, Uztransgaz Chairman, and Mohammad Abunayyan, Founder and Chairman of ACWA Power.
A Milestone in Uzbekistan’s Energy Revolution
Mohammad Abunayyan, expressing his gratitude, highlighted the project as a significant milestone in Uzbekistan’s energy revolution. ACWA Power, with its commitment to sustainable energy development, is poised to lead this transformative project.
Phased Development and Future Prospects
The project will be developed in two phases, starting with a 3,000 tonne green ammonia pilot project, following the agreements signed in May 2023. The second phase aims to produce 500,000 tonnes of green ammonia annually, powered by 2.4 GW of wind energy. This venture marks ACWA Power’s second utility-scale green hydrogen project after the NEOM Green Hydrogen Project in Saudi Arabia.
ACWA Power’s Investment in Uzbekistan
Uzbekistan ranks as ACWA Power’s second-largest market in investment terms. The company’s portfolio in the country includes 12 projects, 11 of which are fully renewable, underscoring its long-standing commitment to Uzbekistan’s sustainable future.