(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 4. ACWA Power from
Saudi Arabia has expressed its intention to attract loan funds from
the European Bank for Reconstruction and Development (EBRD) to
implement a renewable energy project in the Tashkent region of
Uzbekistan, Trend reports.
ACWA Power's plans include the construction of a solar power
plant with a capacity of 200 MW and energy storage systems with a
capacity of 500 MWh. The total cost of the project is estimated at
$546.33 million.
To implement this project, ACWA Power intends to attract a loan
of $140 million through the ACWA Power Riverside Solar company,
created in Uzbekistan specifically for this purpose.
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