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.
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“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
Yango Showcases AI Robots Amid Rising Fulfillment Costs
The company is debuting the high-tech solutions at this year’s Seamless Middle East event, where attendees can experience live demonstrations.
Global tech company Yango is debuting its AI-driven warehouse robotics and pick-and-place solutions at the Seamless Middle East event, which is currently running in Dubai (May 14-16). The technologies aim to combat the rising fulfillment costs that are burdening the e-commerce, retail, logistics, and manufacturing sectors.
In e-commerce, fulfillment now represents one-third of all operating expenses. Global giant Amazon saw fulfillment costs rise from 31% of net sales in 2021 to 36% in 2023. Yango’s solutions could provide a much-needed remedy to these escalating figures.
At Seamless Middle East, attendees can experience live demonstrations of Yango’s robotic pick-and-place hardware. This technology leverages “advanced computer vision” to allow stationary robots to perform like human operatives while still managing to move 800 items per hour.
Yango has also introduced stock-taking, goods, and pallet-moving solutions to streamline inventory management and fulfillment. The company’s robots can autonomously navigate warehouses and work together with other machinery to get tasks done faster and more accurately.
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Alexei Filippov, Head of Global Business Development at Yango Robotics, said: “As fulfillment costs continue to rise, our warehouse robotics solutions come at a crucial time to help businesses not just survive but thrive. Our new robotics pick-and-place platform, mobile warehouse robotics solutions, and other technologies show Yango’s commitment to innovation and efficiency [and] we’re excited to debut [them] at Seamless Middle East”.
Yango is also showcasing further technologies at the exhibition, including autonomous delivery robots and the AI-powered White Label App and AI Shelf Monitoring System for retail applications.
To learn more about Yango’s solutions and their capabilities, visit the company’s stand (H2-G36) during Seamless Middle East, running until the end of May 16, or find Yango’s thought leaders at one of the event’s panel sessions.
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