Clean Energy
As part of its long-term plans to accelerate decarbonization, UEG aims to expand its clean energy portfolio and invest in gigawatt-grade clean energy projects in Europe, MENA and Central Asia.
Pakistan UEPW 99MW Wind Power Project
Under "The Belt and Road" initiative of the National Development Strategy and with the support of the Ministry of Foreign Affairs, the Ministry of Commerce and The National Development and Reform Commission etc., United Energy Group (UEG) is actively engaged in the development, construction, and operation of clean energy projects. UEG established the 99 MW UEP Wind Power Project in the Jhimpir wind corridor of Pakistan's Sindh province. It is the single largest wind power plant in Pakistan. Construction of the plant commenced in January 2016, with commercial operations beginning on June 16, 2017. The wind power project is among the 14 top priority, early harvest projects of the China-Pakistan Economic Corridor (CPEC).
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Iraq: Al-Faihaa Oil Field - Block 9,2.5MWp+2.5MWh Off-grid Solar Power Project
In line with the Government of Iraq's commitment to developing the clean energy sector and reducing carbon emissions, UEG has invested in a 2.5 MW off-grid solar power station in the Al-Faihaa oil field in Block-9. The project achieved its provisional acceptance on May 24th, 2022. It is the largest off-grid solar PV hybrid power project with a battery storage system in Iraq, marking a significant step forward in transforming the country's energy landscape.
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Bulgaria: Poly-Sime 250MW Photovoltaic Project
On March 29th, 2024, United Energy Group and Bulgaria's Green Profit participated in the signing ceremony of the equity acquisition agreement for the Poly-Sime 250MW solar photovoltaic (PV) project in Sofia, Bulgaria. This project is currently the largest individual photovoltaic project in Bulgaria, with an estimated total investment of nearly 300 million euros. This acquisition represents a significant step forward for UEG in Europe's clean energy sector and will further promote Bulgaria's energy transition and sustainable development.
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UEG's Clean Energy Vision
UEG plans to increase its investments in various clean energy sources across the globe. Leveraging synergies with our existing oil and gas assets, we will invest in clean energy projects in countries where our current assets are located. We are proactively expanding our footprint in Southeast Europe, MENA, Southeast Asia and other regions, focusing on solar power, wind power, green hydrogen, and green sea water extraction projects, etc. Our strategic approach, outlined below, highlights our commitment to promoting sustainable energy solutions and expanding our portfolio for a greener future.
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Clean Energy
As part of its long-term plans
to accelerate decarbonization,
UEG aims to expand its clean energy portfolio
and invest in gigawatt-grade clean energy projects
in Europe, MENA and Central Asia.
Pakistan UEPW 99MW Wind Power Project
Under "The Belt and Road" initiative of the National Development Strategy and with the support of the Ministry of Foreign Affairs, the Ministry of Commerce and The National Development and Reform Commission etc., United Energy Group (UEG) is actively engaged in the development, construction, and operation of clean energy projects. UEG established the 99 MW UEP Wind Power Project in the Jhimpir wind corridor of Pakistan's Sindh province. It is the single largest wind power plant in Pakistan. Construction of the plant commenced in January 2016, with commercial operations beginning on June 16, 2017. The wind power project is among the 14 top priority, early harvest projects of the China-Pakistan Economic Corridor (CPEC).
Click for more
Iraq: Al-Faihaa Oil Field - Block 9,2.5MWp+2.5MWh Off-grid Solar Power Project
In line with the Government of Iraq's commitment to developing the clean energy sector and reducing carbon emissions, UEG has invested in a 2.5 MW off-grid solar power station in the Al-Faihaa oil field in Block-9. The project achieved its provisional acceptance on May 24th, 2022. It is the largest off-grid solar PV hybrid power project with a battery storage system in Iraq, marking a significant step forward in transforming the country's energy landscape.
Click for more
Bulgaria: Poly-Sime 250MW Photovoltaic Project
On March 29th, 2024, United Energy Group and Bulgaria's Green Profit participated in the signing ceremony of the equity acquisition agreement for the Poly-Sime 250MW solar photovoltaic (PV) project in Sofia, Bulgaria. This project is currently the largest individual photovoltaic project in Bulgaria, with an estimated total investment of nearly 300 million euros. This acquisition represents a significant step forward for UEG in Europe's clean energy sector and will further promote Bulgaria's energy transition and sustainable development.
Click for more
UEG's Clean Energy Vision
UEG plans to increase its investments in various clean energy sources across the globe. Leveraging synergies with our existing oil and gas assets, we will invest in clean energy projects in countries where our current assets are located. We are proactively expanding our footprint in Southeast Europe, MENA, Southeast Asia and other regions, focusing on solar power, wind power, green hydrogen, and green sea water extraction projects, etc. Our strategic approach, outlined below, highlights our commitment to promoting sustainable energy solutions and expanding our portfolio for a greener future.
Click for more