France-headquartered energy firm Volatilia has signed a partnership agreement with the government of Uzbekistan to co-develop between 400 megawatts (MW) and 500MW of renewable energy in the Central Asian country.
In a statement, Volatilia said the partnership is tripartite with the Ministry of Energy and the Ministry of Investments and Foreign Trade as the country targets to expand its renewable capacity to 8 gigawatts (GW) by 2026 and 12 GW by 2040.
projects will be split around 200MW of solar, 200MW of wind, and 60MW/240MW-hour of battery storage, with the site to be selected jointly by Volatilia and Uzbekistan’s Ministry of Energy.
The commissioning of the plants is expected to start in 2026.
Volatilia said the projects will produce over one terawatt-hour of electricity annually, enough to meet the needs of 800,000 inhabitants and cut at least 500,000 tonnes of carbon dioxide emissions yearly.