Will Uzbekistan fund a 250-megawatt solar photovoltaic plant?TASHKENT, 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).
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.
What is the electricity price in Uzbekistan?The residential electricity price in Uzbekistan is UZS 295.000 per kWh or USD 0.023. The electricity price for businesses is UZS 900.000 kWh or USD 0.071. These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Uzbekistan with 150 other countries.
How will Uzbekistan improve its energy security?“This project will enhance Uzbekistan’s energy security through the use of innovative solutions and technologies,” noted Marco Mantovanelli, World Bank Country Manager for Uzbekist
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The World Bank Group, Abu Dhabi Future Energy Company PJSC, and the Government of Uzbekistan have signed a financial package to fund a 250-megawatt solar
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The World Bank Group, Abu Dhabi Future Energy Company PJSC, and the Government of Uzbekistan have signed a financial package to fund a 250-megawatt solar
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Three solar photovoltaic plants with three BESS projects to be developed in Tashkent, Samarkand, and BukharaAggregate power production
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Located approximately 20 kilometers northeast of Tashkent, the capital city, the project comprises a 200 megawatt (MW) solar photovoltaic (PV) plant coupled
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TASHKENT, 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).
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.
The residential electricity price in Uzbekistan is UZS 295.000 per kWh or USD 0.023. The electricity price for businesses is UZS 900.000 kWh or USD 0.071. These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Uzbekistan with 150 other countries.
“This project will enhance Uzbekistan’s energy security through the use of innovative solutions and technologies,” noted Marco Mantovanelli, World Bank Country Manager for Uzbekistan.
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