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Staff Reporter
, Saudi Arabia
Published:
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ACWA, KOWEPO explore renewable energy projects in Uzbekistan

Related renewable energy infrastructure projects will also be considered.

Saudi-listed ACWA Power has signed a memorandum of understanding (MoU) with Korea Western Power Co. Ltd. (KOWEPO) to explore renewable energy opportunities in Uzbekistan.

The agreement was signed in Tashkent and establishes a framework for potential cooperation in renewable energy, energy storage and related infrastructure projects.

ACWA Power Central Asia President Abid Malik and KOWEPO CEO Lee Jung-bok attended the signing ceremony.

The companies will jointly identify renewable energy opportunities, initially focusing on Uzbekistan, and assess potential projects on a project-by-project basis.

Any cooperation will be subject to further evaluation, internal approvals and definitive agreements.

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