Technical FAQs 4

Will Uzbekistan fund a 250-megawatt solar photovoltaic plant?

Tashkent, Uzbekistan, 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).

Will Uzbekistan buy electricity from a new solar power plant?

This support will secure the obligations of the state-owned National Electric Grid of Uzbekistan JSC to purchase electricity from a new 100-megawatt (MW) solar power plant to be constructed and operated by Voltalia (France) in the Khorezm region. The solar plant is scheduled for commissioning in November 2025.

Will Uzbekistan be able to develop solar and wind energy?

“Since 2020, the World Bank and IFC, both part of the World Bank Group, have supported the development of 1,000 MW of solar and 500 MW of wind energy in Uzbekistan.

Will the World Bank finance a 100-MW solar farm in Uzbekistan?

The World Bank said on Monday it had approved USD 3.5 million (EUR 3.4m) in financing in the form of a payment guarantee to support the operation of a new 100-MW solar farm in Uzbekistan.

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