The Uzbek Ministry of Energy plans to hold two more solar tenders for a series of PV plants spread across the Kashkadarya and Fergana, Bukhara, Khorezm, and Namangan regions. It also revealed that there are 1.29 GW worth of projects under construction in the country.
The London-based development finance provider has made more than €50 million available for sustainable investment across three separate credit lines recently.
The offer was made by UAE-based developer Masdar. The highest bid, submitted by French energy company Total, was $0.033940/kWh.
The two companies are initially planning to build a 200 MW pumped-hydro facility in the Bostanlyk district of Uzbekistan’s Tashkent region.
The 200 MW solar park will be built in Sherabad, in southeastern Uzbekistan’s Surkhandarya region.
The solar park is being planned by UAE-based Phanes Group, in Nurata, in the Navoi region. It will sell electricity at a fixed rate over a 25-year period.
Uzbekistan’s Ministry of Energy has revealed plans to launch a new solar tender in early 2021. Separately, the Asian Development Bank signed a deal last week to provide up to $175 million in loans to back the development of another 100 MW solar project in the country.
The PV plant will be deployed in the Navoi region of Uzbekistan by UAE-based developer Masdar.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.