Saudi-listed ACWA Power has announced it has broken ground on the first phase of a 3,000 tonne-per-year green hydrogen project, located in Uzbekistan.
Inaugurated by Shavkat Mirziyoyev, President of Uzbekistan, and His Excellency Khalid Al Falih, Minister of Investment, Saudi Arabia, the event was also attended by Prime Minister Abdulla Nigmatovich Aripov, the Ministry of Finance, Governor of Syrdarya region, and Uztransgaz Chairman, and Mohammad Abunayyan, Founder and Chairman, ACWA Power.
The project, it shared, will be developed in two phases, beginning with a 3,000-tonne green ammonia pilot project, which 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.
Further, 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, a joint venture between ACWA Power, NEOM and Air Products.
“We are honoured that the leadership of Uzbekistan has bestowed their trust in our capabilities to develop the country’s first green hydrogen project. This marks a significant milestone in the history of Uzbekistan’s energy revolution, and ACWA Power is honoured to be leading the charge. I would like to extend my gratitude to all those who have contributed to the success of these projects and reaffirm our enduring commitment to continue our collaboration and investment in Uzbekistan’s bright, sustainable future,” commented Mohammad Abunayyan, Founder and Chairman of the Board of Directors, ACWA Power.
“We are witnessing the fruits of our collective labour, and it is a testament to the endless possibilities that emerge when vision meets determination. ACWA Power remains committed to driving sustainable development, creating jobs, and developing future talent as well as fostering long-term economic prosperity while prioritizing environmental stewardship.”