BRIEF

on VOLTALIA (EPA:VLTSA)

Voltalia Advances Renewable Energy Projects in Uzbekistan

Stock price chart of VOLTALIA (EPA:VLTSA) showing fluctuations.

Voltalia has initiated construction of the Sarimay Solar power plant in Uzbekistan, with a capacity of 126 megawatts. This solar facility is expected to begin operations by the second half of 2025 and aims to reduce carbon emissions by around 116,000 tonnes annually. Additionally, Voltalia announced the establishment of a substantial battery storage initiative alongside the development of this solar plant.

During the Tashkent International Investment Forum, Voltalia secured a development memorandum for a significant new battery storage complex. This facility, planned for 500 megawatts / 1000 megawatt-hours, fortifies Voltalia's position in supporting Uzbekistan's renewable energy sector and ensuring grid stability. Further, the company confirmed a new wind project, currently under investigation, which could enhance their renewable footprint in the region.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all VOLTALIA news