| Project Detail |
Location:
Uzbekistan
Project number:
55025
Business sector:
Manufacturing and Services
Notice type:
Private
Approval date:
06 Mar 2024
Status:
Exploratory
PSD disclosed:
29 Jan 2024
Project Description
The Project entails the provision of an equity bridge loan of up to US$ 5.5 million to finance the construction of an integrated renewable hydrogen production facility consisting of a 20 MW electrolyser fed by greenfield 52 MW wind power plant to produce around 3,000 tonnes of renewable hydrogen annually. The electrolyser will be located in the Chirchiq City, Tashkent region, and the wind power plant will be in the Gijduvon district, Bukhara region. The wind facility will be collocated with the existing 500 MW EBRD-financed Uzbekistan Bash WPP. The loan will be guaranteed by Joint Stock Company UzKimyoSanoat.
Project Objectives
Through the financing of the integrated renewable hydrogen production facility, the Project aims to support:
a) a first-of-its-kind renewable hydrogen production project in Uzbekistan and across Central Asia, providing an important demonstration effect to stimulate further projects.
b) the decarbonisation of Uzbekistans ammonia sector.
c) increased renewable energy generation. |
