Uzbekistan becomes a potential energy hub for Central Asia. Country’s targets, plans, current and upcoming developments

Uzbekistan strives to become the leading country in Central Asia in the field of renewable energy. The Energy Ministry said earlier this year it has decided to reconsider its initial 2030 power capacity targets by increasing the share of renewables in the country’s energy mix. The PV solar plant capacity may be increased from the current forecast of 5 GW to 7 GW and wind power generation from 3 GW to 5 GW.

The Government of Uzbekistan is getting ready to conduct another solar power tender as part of the 1 GW solar PV program carried out with the support of the ADB. According to the Guzar project teaser, a tender will be announced for up to 300 MW PV capacity to be built along with a transmission line to the Guzar substation in the Guzar district of the Kashkadarya region.

In September, Uzbekistan announced the launch of the prequalification phase of a tender to select IPPs to develop three solar PV plants with a total capacity of 500 MW under the Scaling Solar 3. The RFQ submission deadline was on 29 November.

Wind energy is on the rise too. In September, ACWA Power became the preferred winning bidder for a 100 MW wind project in the Karakalpakstan region with a tariff proposal of $0.025695/kWh under the EBRD 1 GW program. The EBRD framework envisages another 200 MW wind project to be announced soon.

Learn more about the current and upcoming RE developments in the country in the article prepared by Invest In Network. Please follow the link below to read the full text.