Saudi developer ACWA Power has signed PPAs and investment agreements with the government of the Republic of Uzbekistan to develop the 1500MW Kungrad wind farm in the republic of Karakalpakstan, Uzbekistan.
Formerly referred to as the Karakalpakstan Wind IPP, the wind farm is expected to comprise three 500MW wind power projects owned by three subsidiaries.
These will be ACWA Power Kungrad Wind 1 LLC FE, ACWA Power Kungrad Wind 2 LLC FE and ACWA Power Kungrad Wind 3 LLC FE.
Each of the 3 projects will also incorporate a 100MW capacity battery energy storage system.
Regarded as the largest single-site wind farm in Central Asia to date, and one of the largest of its kind in the world, the wind farm is expected to reach an investment value of US$2.4bn.
Located in Kungrad district, the wind farm is expected to offset 2.4 million tonnes of carbon emissions per year.
The Kungrad wind farm is also expected to bolster the Uzbek government’s long-term strategy to diversify the country’s energy mix, which targets 8GW and 12GW of solar and wind capacity by 2026 and 2030, respectively.