Renewable electricity producer Voltalia has started work on the 126 MWp Sarimay solar power plant in Uzbekistan, which is expected to be commissioned in the second half of 2025. The contract for the sale of electricity for a period of min. 25 years old, won in 2022 as part of a bidding process managed by IFC, a subsidiary of the World Bank. Voltalia commissioned the EBRD (European Bank for Reconstruction and Development) and JICA (Japan International Cooperation Agency) to finance the project.

On this occasion, the French also concluded two new partnership contracts for battery storage. One of them concerns the addition of 50 MW/100 MWh batteries to the Sarimay site, which is now the subject of a framework agreement for which a long-term purchase agreement will be signed in the summer of 2024. The construction of the storage facility should start in 2024. The other concerns the development, financing , construction and maintenance of a battery storage complex with a capacity of 500 MW/1000 MWh. This tripartite agreement between the Ministry of Energy, the Ministry of Investment and Foreign Trade (MIFT) and Voltalia aims to promote the growth of renewable energy production in the country while guaranteeing the stability and sustainability of its electricity grid.

“By offering long-term sales contracts for large storage projects nationally and internationally, Uzbekistan also offers the opportunity to accelerate Voltalia’s battery storage strategy without exposure to price fluctuations in the electricity markets,” hailed Sébastien Clerc, CEO of Voltalia, which has operational and data performance construction of 2.9 GW and a portfolio of ongoing projects with a total capacity of 16.6 GW.

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