In the UK, The European Bank for Reconstruction and Development (EBRD) said it is helping to decarbonize fertilizer production and power generation in Uzbekistan by financing a pilot renewable hydrogen facility.
The entity said that the facility will consist of a 20 MW electrolyzer and a greenfield 52 MW wind power plant.
The EBRD is offering a financial package of $ 65 million to ACWA Power UKS Green H2 for the development, design, construction and operation of the facility. This special purpose company is jointly owned by ACWA Power (an international developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants) and Uzkimyosanoat (UKS), a holding company of state-owned chemical enterprises in Uzbekistan.
“EBRD is proud to finance this landmark renewable hydrogen facility in Uzbekistan with our long-standing partner ACWA Power and their partner Uzkimyosanoat. This is the first of its kind across Central Asia, a region with some of the most carbon-intensive and hard-to-abate industries” said Nandita Parshad, EBRD Managing Director for the Sustainable Infrastructure Group, EBRD.
Once operational, the facility is expected to produce up to 3,000 tons of renewable hydrogen annually and to reduce annual CO2 emissions by around 22,000 tons.
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Tags: hydrogen, The European Bank for Reconstruction and Development, UK, Uzbekistan
Category: Fuels
