ACWA Power has launched the first phase of a 3,000 tonne-per-year green hydrogen project in Uzbekistan. Reportedly, the project will be built in two phases. The first phase, a 3,000-tonne green ammonia pilot project, is already underway following the signing of the hydrogen purchase and power purchase agreements in May 2023. Once the second phase is complete, 2.4 GW of wind energy will power the production of 500,000 tonnes of green ammonia per year. When fully completed, this will be ACWA Power’s second utility-scale green hydrogen project after the NEOM Green Hydrogen Project in Saudi Arabia, which is a joint venture between ACWA Power, NEOM and Air Products.
Earlier this month, ACWA Power, Masdar and State Oil Company of Azerbaijan Republic inked a memorandum of understanding (MoU) to build 500 MW of renewable energy projects in Nakhchivan Autonomous Republic of the Republic of Azerbaijan. Reportedly, Chief Investment Officer of ACWA Power, Chief Executive Officer of Masdar, and Vice President of SOCAR inked the MoU.
