– Masdar has partnered with Uzbekhydroenergo to evaluate the potential of hydroelectric power storage projects in Uzbekistan
– The collaboration aims to enhance Uzbekistan’s renewable energy capacity and address supply challenges
– The agreement marks Masdar’s inaugural venture into pumped hydropower storage, aligning with its expansion strategy and commitment to supporting renewable energy initiatives globally
Masdar, a UAE-based renewable energy company, has partnered with Uzbekhydroenergo to evaluate the feasibility of building pumped storage hydroelectric power plants in Uzbekistan. This collaboration aims to enhance Uzbekistan’s renewable energy capacity and address supply challenges by studying the potential of constructing pumped-storage hydroelectric power plants in the country. This move marks Masdar’s first venture into pumped hydropower storage and aligns with their expansion strategy and commitment to supporting renewable energy initiatives globally. The partnership with Uzbekhydroenergo demonstrates Masdar’s dedication to clean energy development in Uzbekistan and their goal of helping the country meet its climate goals through various renewable energy sources. Masdar has also initiated renewable energy projects in Uzbekistan, including the Zarafshan wind farm and several solar facilities, to contribute to the country’s renewable energy goals. This partnership with Uzbekhydroenergo reflects Masdar’s continued efforts to drive sustainable energy development globally.