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ADB provided a grant for the creation of Solar Energy Institute in Uzbekistan

Oil&Gas Materials 12 October 2011 08:06
Asian Development Bank (ADB) has allocated a grant of 225 thousand dollars for the establishment of the Institute of solar energy in Uzbekistan, Trend rteports according to the website of the bank.
ADB provided a grant for the creation of Solar Energy Institute in Uzbekistan

Uzbekistan, Tashkent, 12 October /Trend, D. Azizov/

Asian Development Bank (ADB) has allocated a grant of 225 thousand dollars for the establishment of the Institute of solar energy in Uzbekistan, Trend rteports according to the website of the bank.

As already reported, Uzbekistan with the assistance of the ADB intends to create an institute of solar energy by 2013.

It is planned that the institute will combine the functions of science, technology and design company whose mission will include the creation of specific projects in the field of solar energy based scientifically proven calculations.

Earlier it was reported that ADB urged Asian countries to take drastic measures to improve energy efficiency and invest in renewable energy.

ADB will encourage commercial lending and private investment in solar energy in these countries to finance projects and development of solar energy in Uzbekistan, China, India, Thailand and Pakistan.

ADB also plans to create Asia Foundation to accelerate the development of solar energy by providing him with $ 2.25 billion to increase the power generated by solar energy in Asia by three thousand megawatts by 2013.

The potential of renewable energy in Uzbekistan is about 51 billion tons of oil equivalent, technical capacity - 179 82.3 million tons of oil equivalent. Including solar energy potential, there are sunny 300 days a year, is about 50.973 million tons of oil equivalent.

Uzbekistan joined ADB in 1995 and is today the largest recipient of loans that financial institutions in Central Asia.

Since 1995, ADB has provided Uzbekistan for more than two billion dollars for projects in education, agriculture, modernization of transport infrastructure and energy sectors.

In the framework of the cooperation program for 2011-2013, Uzbekistan plans to attract the ADB $ 3.7 billion to implement 29 projects focused in four key areas - agriculture, private enterprise development, regional cooperation in transport and customs transit, as well as improving social services in the field of childhood and basic education.

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