Uzbekistan Opens First Utility-Scale Solar & Battery Project
Uzbekistan''s President inaugurates country''s first utility-scale solar and battery storage project with Masdar, plus new BESS and wind deals.
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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).
“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.
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.
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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 photovoltaic plant with a
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