News
Saudi Firm ACWA Power To Build 1.5 GW Wind Farm In Uzbekistan
The huge Kungrad Wind Farm will have an investment value of $2.4 billion, while offsetting 2.4 million tons of carbon annually.
Like many countries worldwide, Uzbekistan is beginning to ramp up its clean energy efforts. As part of the nation’s plans to decarbonize, Saudi Arabian company ACWA Power has been tasked to build a 1.5-gigawatt power generation plant in Karakalpakstan, which will be named the Kungrad Wind Farm.
With purchase and investment agreements signed in August 2022, ACWA is now ready to start work on three separate 500-megawatt wind turbine projects on the Uzbek site, plus an additional 100-megawatt battery storage system. In total, the site is projected to have an investment value of $2.4 billion and will be the largest single-site wind farm in Central Asia.
The Kungrad Wind Farm will offset 2.4 million tons of carbon emissions annually and support a long-term Uzbek government strategy to diversify the country’s energy production, which also aims to add 8 gigawatts and 12 gigawatts of solar and wind capacity, respectively, by 2030.
Also Read: Dubai Financial Center Launches Digital Economy Court
“The development of green energy and market reform go hand in hand in Uzbekistan, and the Kungrad project is a milestone both for our wind industry and the new public-private partnership model […] The wind farm in Karakalpakstan, built by our reliable partner ACWA Power, will be another pillar of a sustainable and reliable energy system in Uzbekistan,” says Jurabek Mirzamakhmudov, Minister of Energy of Uzbekistan.
The project will be fully operational by 2027 when it will begin supplying energy to 1.65 million homes.
“The signing of key agreements today for the landmark Kungrad wind farm project, which will set a new benchmark for sustainable energy development in the region, would not have been possible without the guidance of our visionary leadership and the trust and commitment of our partners from the Uzbek government,” says Mohammad Abunayyan, Chairman, ACWA Power.
The 1.5-gigawatt Kungrad Wind Farm is ACWA Power’s fifth project in Uzbekistan. As part of the recently signed collaboration, the Saudi Arabian company will also construct several green hydrogen production plants in the Central Asian country, as Uzbekistan aims to lessen its reliance on natural gas.
News
For etisalat, More Bandwidth Is A Matter Of Digital Sovereignty
The etisalat group plans to expand its international capacity from 20 Tbps to more than 500 Tbps by 2030, with new routes designed for speed and resilience.
By 2030, etisalat group plans to lift its international connectivity capacity to more than 500 terabits per second (Tbps), more than 25 times the 20 Tbps it has today. The group presented the expansion as preparation for rising AI demand and an important move for the UAE’s digital sovereignty.
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, witnessed the launch of the project, which covers the UAE and international markets. Sheikh Mansour is also Chairman of the Emirates Investment Authority, etisalat group’s main shareholder.
He emphasized the role of coordinated national efforts in advancing the UAE’s AI and digital economy ambitions. “AI is a central pillar in our development journey moving forward,” he said, adding that developing the country’s digital capabilities would empower every institution, public and private, to build and innovate with AI “at the scale the coming decade will demand”.
“This project reflects our conviction that the UAE should not simply adopt AI, but govern it and build with it,” said H.E Jassem Mohamed Bu Ataba Alzaabi, Chairman of etisalat group. “That requires digital infrastructure at a scale that would prepare us for the future”. He cast greater international connectivity as a strategic answer to the challenges of processing and moving data globally.
Also Read: RØDE’s Low-Profile Studio Arm Is Designed To Stay Out Of Shot
Beyond raw bandwidth, the expansion will introduce new connectivity routes intended to improve reliability and efficiency, and Alzaabi tied them directly to the sovereignty goal. “Delivered through diversified routes and low-latency design, the project is set to keep the country’s connection to the global digital economy fast, direct and resilient, while ensuring the UAE’s digital sovereignty,” he said.
He also linked the plan to the group’s 50-year commitment to building infrastructure for the nation. The announcement didn’t mention what the expansion will cost. Nor did it name the new routes or say who will build them, the details that would show what digital sovereignty means in practice.
-
News3 weeks agoTrip.com Is Betting An AI Agent Will Book Your Next Vacation
-
News3 weeks agoMusk’s Boring Company Wants To Dig 150 KM Of Tunnel Under The UAE
-
News3 weeks agoOKX Bets Streaming Perks Can Take Crypto Mainstream Across MENA
-
News3 weeks agoMeta’s New $499 Plan Puts A Price On Reaching A Real Person
