Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTMay 11 (Renewables Now) - UzAssystem, a joint venture between Uzbekistan’s energy ministry and engineering company Assystem, plans to support the development of renewable energy, smart grid and energy storage projects in Kyrgyzstan.
The engineering and digital services firm has entered into a memorandum of understanding (MOU) with the National Energy Holding Company of Kyrgyzstan that outlines their intention to implement joint energy projects in the Kyrgyz Republic.
More specifically, the two parties will cooperate in the fields of project management, engineering design and consultancy for wind, solar, hydropower and other renewable energy projects, as well as in the development of a digital twin and the modelling of the country's grid. In addition, they will seek to develop energy storage systems and a smart grid, and to modernise electrotechnical norms and standards.
Kyrgyzstan targets a 44% reduction of greenhouse gas emissions by 2030. Presently, the country generates about 92% of its electricity from hydropower plants.
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST