Daily Archives: May 6, 2018

SkyPower and The Government of Uzbekistan Announce the signing of a landmark 1,000 MW Solar Power Purchase Agreement

First Solar Power Project and Largest Foreign Direct Investment in Uzbekistan’s History

WASHINGTON and TORONTO, May 6, 2018 /PRNewswire/ — Global leader in sustainability and utility-scale solar production, SkyPower, has announced an estimated $1.3 billion foreign direct investment in Uzbekistan to build 1,000 MW of solar energy generation capacity throughout the country. This project will bring the largest foreign direct investment in Uzbekistan’s history. Uzbekistan and SkyPower also signed the first Power Purchase Agreement (PPA) in the country’s history, whereby the government will be purchasing power from an international and private company. Uzbekistan’s President Shavkat Mirziyyoyev has signed a decree signifying the government’s full support of the project and sovereign guarantees. SkyPower will be the first independent power producer in the history of Uzbekistan, working closely with state-owned utility company Uzbekenergo. This project is also the first public-private partnership between Uzbekistan and a truly North American company.

François-Philippe Champagne, Minister of International Trade for the Government of Canada, remarked, “Growing Canada’s cleantech and renewable sectors and encouraging the export of locally developed ideas and solutions that benefit the world is a priority for our government. I am pleased to see industry leaders like SkyPower Global help us towards that goal. This historic partnership with UzbekEnergo and the government of Uzbekistan will bolster growth in the region and help establish Canadian expertise in this fast-growing sector. I commend the SkyPower team for thinking big!”

SkyPower Chief Executive Officer Kerry Adler said that, “There are still more than a billion people globally without access to energy services, and our mission is to bring solar power to people who need it most. This is a historic partnership that will benefit both the Government of Uzbekistan and SkyPower, and we are happy to be building Uzbekistan’s first solar power installation. President Mirziyoyev’s forward-thinking vision for Uzbekistan, along with the commitment of the Deputy Prime Ministers and the leadership of the National Project Management Office in concert with Uzbekenergo leadership, together have really helped move this project forward. Uzbekistan is a country that holds tremendous opportunities for foreign investors under the vision for growth and expansion of President Mirziyoyev.”

Uzbekistan President Shavkat Mirziyoyev has been praised for his progressive approach to growing the nation’s economy, and the SkyPower project will be the first ever solar power generation project in Uzbekistan. The project will contribute an estimated $2.9 billion to Uzbekistan’s gross domestic product and create thousands of jobs. This will ultimately bring Uzbekistan to about 10 percent of its total renewable generation capacity, helping Uzbekistan reach its 2030 Paris Climate commitments while bringing power to the people of Uzbekistan.

About SkyPower Global
www.skypower.com

With roots dating back more than 15 years, SkyPower’s global team possesses a vast track record of over 1,000 years of combined experience in power and large infrastructure projects.

The experienced and accomplished SkyPower team has built, assembled and acquired an extensive pipeline of over 25 GW worldwide – some of which were recently announced in bilateral agreements, and other contract awards, to be built in the Middle East, Africa and South Asia over the next five years.

SkyPower’s over 30 utility-scale solar Power Purchase Agreements (PPA) and Contracts at various stages of development, construction and operation, representing billions of dollars’ worth of long-term renewable energy sales to leading utilities and governments around the world. For more information please visit our website www.skypower.com.

For further information: SkyPower Contacts: Shamini Selvaratnam, shaminis@skypower.com, (202) 660-8499; Maria Vorobieva, mariav@skypower.com, (647) 965-7187; For Inquiries in Russian: Eva Kazanskaia, evaepicurean@icloud.com, (971) 50 580 0842

45 Dead in Attack on Nigerian Village, Police Say

At least 45 people died in an attack on a village in northern Nigeria, a police official told reporter on Sunday, the latest in a string of incidents underscoring insecurity in parts of the country.

President Muhammadu Buhari won Nigeria’s 2015 elections partly on promises to bring security to Africa’s largest economy and most populous nation, but has struggled to fulfil those pledges. He is now seeking a second term in February 2019.

His critics and opponents question his track record tackling the multitude of conflicts that plague Nigeria, from Boko Haram and a thriving Islamic State West Africa insurgency in the northeast, to clashes between farmers and herders in the hinterlands that have left hundreds dead.

It was not immediately clear why the Gwaska village in the northern state of Kaduna was attacked on Saturday.

“Yesterday, we recovered 12 corpses and today we retrieved 33,” Austin Iwar, Kaduna’s commissioner of police, told reporter by phone.

The village, in the Birnin-Gwari area of Kaduna, lies near an area known for banditry, where thick forests provide remote hideouts from law enforcement.

Those groups of bandits have for years frustrated authorities’ attempts to apprehend them, and in some cases have amassed thousands of stolen cattle and fought off security agent task forces sent to deal with them.

Source: Voice of America