Voltalia Signs PPA for 526MW Hybrid Project in Uzbekistan

Voltalia has signed a significant Power Purchase Agreement (PPA) with Uzbekistan's state-owned utility, JSC Uzenergosotish, for its 526-megawatt hybrid Artemisya project, which combines solar, wind, and battery storage. The agreement, finalized during Uzbek President Shavkat Mirziyoyev's visit to France, secures a 25-year term for solar and wind energy and a 15-year term for battery storage, ensuring the project's financial viability. Located in the Bukhara region, the project aims to meet the electricity needs of around 2.5 million people and reduce carbon emissions by approximately 598,000 tonnes annually. Construction for the solar and storage components is set to begin in Q1 2026, followed by wind power in Q3 2026. This PPA represents a continuation of Voltalia's collaboration with the Uzbek government and follows previous agreements for different renewable projects in the country. Alongside the PPA, Voltalia has also established terms for additional energy storage and agrivoltaics initiatives.