4 FAQs about Central Asia Energy Storage Battery Plant Project Updates

What is Uzbekistan's First Energy Storage Project?

Installed with Sungrow's cutting-edge liquid-cooled ESS PowerTitan 2.0, this facility marks Uzbekistan's first energy storage project and stands as the largest of its kind in Central Asia. The project will play a pivotal role in driving the region's energy transition forward and setting a sustainable precedent.

Who owns Uzbekistan's energy storage systems?

The SPVs will be co-owned by Sumitomo Corporation, Shikoku Electric Power Company and Chubu Electric Power Company. The investment marks the first foray into renewable-energy and battery energy storage systems (BESSs) in Uzbekistan by the Japanese investors. The financing package consists of two senior secured loans.

Who owns ACWA Power sazagan solar?

The two SPVs (ACWA Power Sazagan Solar 1 and ACWA Power Sazagan Solar 2) will be majority owned by ACWA Power – an international developer, investor, co-owner and operator of a portfolio of power-generation and desalinated-water-production plants.

How will a combined solar photovoltaic (SPV) system impact Uzbekistan?

Together, the two SPVs will introduce the largest combined solar photovoltaic (1 GW) and BESS (1,336 MWh) capacity in Uzbekistan and across the region. This unprecedented deployment of BESS capacity will help the grid to mitigate the intermittency of renewable energy sources.

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