Voltalia signs an innovative co-development partnership agreement with Uzbekistan
22 November 2022 - 6:30PM
Voltalia signs an innovative co-development partnership agreement
with Uzbekistan
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable
energies, with extensive
experience in multi-energy sites,
announces a co-development partnership for a renewable
and adaptable electricity
cluster comprising solar, wind
and battery storage capacities with a total
output of between 400 and 500
megawatts.
On the sidelines of President Mirziyoyev's
official visit to France, the Uzbek government and Voltalia signed,
in the presence of the EBRD (European Bank for Reconstruction and
Development), a partnership agreement for the co-development of an
electricity cluster, the first of its kind in Central Asia. It will
promote the uptake of renewable energy and reduce congestion on the
electricity grid.
The installed capacity will be between 400 and
500 megawatts, which will be split around:
- 200 megawatts of
solar,
- 200 megawatts of
wind and
- 60 megawatts /
240 megawatt-hours of battery storage.
The site will be selected jointly by Voltalia
and the Uzbek Ministry of Energy. Commissioning is planned from
2026.
The cluster will produce more than one
terawatt-hour annually, covering the electricity needs of more than
800,000 inhabitants and avoiding the emission of at least 500,000
tonnes of CO2 into the atmosphere each year.
The partnership is tripartite between the
Ministry of Energy, the Ministry of Investments and Foreign Trade
(MIFT) and Voltalia. The Uzbek government wants to increase the
country's energy independence. To ensure its security and growth,
Uzbekistan is aiming for 8 gigawatts of renewable capacity by 2026
and 12 gigawatts by 2030.
Voltalia's international development teams,
based in Paris, are monitoring the Uzbek market in the context of
Voltalia's partnership with one of its shareholders, the EBRD.
Voltalia participated in a first wind tender in 2021 and is
currently participating in another solar tender sponsored by the
IFC (World Bank Group).
In the presence of Shavkat Mirziyoyev, President
of the Republic of Uzbekistan, Sébastien Clerc, CEO of Voltalia
declared: "We are particularly proud to support the energy
transition in Uzbekistan. This cluster project, which combines
three technologies, is a first in the region. We want Uzbekistan to
benefit from our long experience in multi-energy clusters, which
comes from very large projects, such as Serra Branca in Brazil
(wind and solar) or smaller ones, such as Toco in French Guiana
(solar and storage)".
Next on the agenda: Revenues Q4
2022, on January 25, 2023 (after market close)
About Voltalia
(www.voltalia.com) |
Voltalia is an international player in the renewable energy sector.
The Group produces and sells electricity generated from wind,
solar, hydraulic, biomass and storage facilities that it owns and
operates. Voltalia has generating capacity in operation and under
construction of more than 2.4 GW and a portfolio of projects under
development representing total capacity of 13.6 GW. Voltalia is
also a service provider and supports its investor clients in
renewable energy projects during all phases, from design to
operation and maintenance. As a pioneer in the corporate market,
Voltalia provides a global offer to private companies, ranging from
the supply of green electricity and energy efficiency services to
the local production of their own electricity. The Group has more
than 1,450 employees and is present in 20 countries on 3 continents
and is able to act worldwide on behalf of its clients. Voltalia is
listed on the regulated market of Euronext Paris, compartment B
(FR0011995588 – VLTSA) and is part of the Enternext Tech 40 and CAC
Mid & Small indices. The Group is also included in the
Gaïa-Index, an index for socially responsible midcaps. |
Loan Duong, Head of Communications & Investor relationsEmail:
invest@voltalia.comT. +33 (0)1 81 70 37 00 |
ActifinPress Contact: Loris DaougabelEmail: ldaougabel@actifin.fr
T. +33 (0)1 56 88 11 11 |
- Voltalia signs an innovative co-development partnership
agreement with Uzbekistan
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