Economy

Chinese companies to build 2,000 MW solar photovoltaic power plants in Uzbekistan

Chinese companies to build 2,000 MW solar photovoltaic power plants in Uzbekistan
Chinese companies to build 2,000 MW solar photovoltaic power plants in Uzbekistan

Tashkent, Uzbekistan (UzDaily.uz) -- As part of a practical visit of a delegation led by the Minister of Energy of the Republic of Uzbekistan to the People’s Republic of China today, 20 February, a Cooperation Agreement was signed with a consortium of Huaneng renewables Corporation and Poly Technologies for the construction of solar photovoltaic stations with a total capacity of 2000 MW in Jizzakh and Tashkent regions.

Under this agreement, a consortium of these companies will make direct investments in our country in the amount of US$2 billion.

The first capacities of these solar photovoltaic stations are planned to be launched by the end of this year, and in 2024 at full capacity.

As a result, 5 billion kWh of electricity will be generated per year, as a result of which 1.3 billion cubic meters of natural gas will be saved.

On 15 February, a memorandum of understanding was signed with the Chinese company CEEC ENERGY CHINA on the construction of solar photovoltaic stations with a total capacity of 2000 MW in Kashkadarya, Bukhara and Samarkand regions.

 

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.