Ministry of Investment, Industry and Trade of the Republic of Uzbekistan

As the global energy transition accelerates, countries around the world are strengthening energy security, diversifying generation capacity, and advancing decarbonization efforts. Acwa is participating as a Platinum Sponsor in the 5th Tashkent International Investment Forum (TIIF-2026) and Drives Uzbekistan’s Energy Transition: Strategic Insights and High-Level Engagement.

Acwa Central Asia is participating as a Platinum Sponsor in the 5th Tashkent International Investment Forum (TIIF-2026). This strategic partnership highlights the critical role of international investors in strengthening energy infrastructure, driving capital inflows, and fostering sustainable economic growth in Uzbekistan and Central Asia. The company's high-level engagement underscores its long-term commitment to supporting the national sustainable development agenda and advancing the country’s clean energy transition.

To showcase this commitment during the forum, the company's itinerary features prominent roles in key dialogue sessions and high-level networking events.

As part of these activities, Acwa and the Foreign Investors Council will co-host an exclusive Business Breakfast at the JW Marriott Hotel Tashkent. This session brings together senior executives, infrastructure investors, and regulators to address grid modernization, renewable energy expansion, tariff reforms, and regulatory frameworks required for long-term capital commitment.

Another significant initiative is the Generations United Tennis Series, a social initiative launched by the Uzbekistan Tennis Federation (UTF) and Acwa as a part of TIIF 2026
created to foster meaningful dialogue between generations, encourage mentorship and knowledge sharing, and demonstrate the role of sport as a powerful tool for social cohesion.

Furthermore, Dr. Samir Serhan, Chief Executive Officer of Acwa, will serve as a principal panelist at the session "Energy Transition: Renewables, Nuclear and Hydrogen in Central Asia," addressing large-scale transition financing, Power Purchase Agreement (PPA) structures, and grid integration.

In parallel, Dr. Jon Zaidi, Country General Manager of Acwa in Uzbekistan, will participate as a featured speaker in the panel session "Women in Enterprise: The Economic Case for Gender-Inclusive Growth," focusing on scaling pathways for women's enterprise, access to finance, and the macroeconomic impact of gender-lens investing. Following the session, Acwa and Hamroh, an organization dedicated to supporting women entrepreneurs, will sign a Memorandum of Understanding aimed at fostering greater economic opportunities for women-led businesses. The partnership reflects a shift from traditional grant-based support toward direct business collaboration, creating a framework for sustainable growth, entrepreneurship, and long-term impact.

Beyond official discussions, Acwa, alongside fellow members of the Foreign Investors Council, is supporting the "Silk Road Night Run" at New Uzbekistan Park, providing an informal networking platform for international delegates.

These institutional efforts align closely with broader global trends, as international investment in the energy transition continues to accelerate. Driven by efforts to fortify energy security, diversify generation, and mitigate carbon emissions, global capital expenditure on clean energy is projected to exceed USD 2 trillion annually, according to the International Energy Agency, with renewable energy accounting for the largest share. Consequently, emerging markets like Central Asia are increasingly attracting large-scale private investment in renewable energy, energy storage systems, and green hydrogen initiatives.

Within this global context, Uzbekistan has successfully emerged as one of the fastest-growing renewable energy markets in the region. The country has launched an ambitious program to scale up clean energy capacity, attract international strategic partners, and guarantee long-term energy security to drive macroeconomic growth and industrial development.

A major driver of this national progress is Acwa itself, which currently manages USD 121.3 billion in assets across 110 projects in 15 countries, representing a total power generation capacity of 95.7 GW, including over 52 GW of renewable energy. The corporation is also actively expanding its battery energy storage systems (BESS) and green hydrogen portfolios, supporting global decarbonization efforts.

As a result of this deep alignment, Uzbekistan has become a cornerstone of Acwa’s international growth strategy and stands as the company's second-largest market globally. With committed investments reaching USD 15 billion across 19 projects, Acwa has established one of the largest private power portfolios in the country, spanning renewable energy, battery storage, transmission infrastructure, green hydrogen, and flexible generation technologies.

Today, the company's operations are strategically distributed across several regions, including the Tashkent, Samarkand, Syrdarya, and Bukhara regions, as well as Karakalpakstan. Flagship initiatives include the Bash and Dzhankeldy wind farms, the Karatau 1 wind project, the Riverside solar photovoltaic plant with battery storage, the nation's first operational green hydrogen facility in Chirchik, and the 1.5 GW Syrdarya combined-cycle gas turbine (CCGT) plant. Through this expanding portfolio, Acwa contributes substantially to Uzbekistan's energy security and sustainable development goals, while offsetting approximately 7.7 million tonnes of CO₂ emissions annually.