Technical FAQs 4

Will Uzbekistan fund a 250-megawatt solar photovoltaic plant?

Tashkent, Uzbekistan, May 21, 2024 — The World Bank Group,Abu Dhabi Future Energy Company PJSC (Masdar), and the Government of Uzbekistan have signed a financial package to fund a 250-megawatt (MW) solar photovoltaic plant with a 63-MW battery energy storage system (BESS).

Will Uzbekistan install 25 GW of renewables by 2030?

The project is core to Uzbekistan's ambition to install 25 GW of renewables by 2030. This project can power 170,000 households and the battery storage capacity is equivalent to 8,000 electric vehicles.”

Who will sell electricity to in Uzbekistan?

The project company is committed to selling electricity to the state-owned National Electric Grid of Uzbekistan JSC under a 25-year Power Purchase Agreement for the project, including a 10-year operating term for the BESS component, signed by these two entities.

How will Uzbekistan achieve a low-carbon economy?

It will further decrease Uzbekistan’s reliance on carbon-intensive thermal-power generation and will facilitate the country’s transition to a low-carbon economy, in line with the Global Renewables and Energy Efficiency Pledge launched at COP28.

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