Last Updated on 29th November 2023
Saudi renewable developer ACWA Power has initiated the construction of a renewable green hydrogen project in Chirchiq, Uzbekistan. The project aims to produce over 3,000 metric tonnes of green hydrogen annually. In May, ACWA Power secured an $88 million offtake contract with the Uzbek state chemicals company, Uzkimyosanoat. The project is scheduled to commence operations by the end of 2024. ACWA will invest around USD 7.5 billion for renewable energy projects in Uzbekistan.
This facility will generate green hydrogen to replace natural gas produced from fossil sources. ACWA estimates that the project will save Uzbekistan up to 20.4 million cubic meters of natural gas each year.
The first phase of the Chirchiq plant will follow an accelerated development timeline. An existing ammonia plant in Chirchiq, located 45 kilometers from Tashkent, will be connected to this facility. It will provide feedstock for ammonia-based fertiliser production while reducing reliance on fossil gas.
Additionally, ACWA is planning to invest $4 billion to scale up the Chirchiq project's annual hydrogen production capacity. The second phase aims to produce 120,000 metric tonnes of hydrogen annually. ACWA also has plans to construct a 1.5 GW gas-fired thermal power plant with a total project cost of $1.1 billion.
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, is actively pursuing green hydrogen projects as a crucial component of its sustainability strategy. The company is committed to developing and scaling up green hydrogen production facilities to support the transition to a low-carbon economy.
ACWA Power's green hydrogen initiatives span across various locations, demonstrating its global reach and commitment to this emerging sector. Here are some of the notable green hydrogen projects undertaken by ACWA Power:
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