Uzbekistan begins selection of investors to construct 1st solar power plant

Uzbekistan Materials 2 February 2019 12:24 (UTC +04:00)

Baku, Azerbaijan, Feb. 2


Uzbekistan has begun the selection of an investor for construction of its first solar power plant, Trend reports via Podrobno.uz.

A 100 MW solar photovoltaic power plant will be built in Navoi with assistance of International Finance Corporation.

“Our company started selecting private investors for the project on Feb. 1,” Uzbekenergo JSC noted.

Previously, interest in participating in the project was expressed by Masdar (Abu Dhabi Future Energy Company PJSC) and France’s Total EREN.

Uzbekistan intends to build five solar power plants with a total capacity of 500 MW and a preliminary cost of more than $1.1 billion by 2021.

Experts estimate that the total potential of solar energy in the country exceeds 51 billion tons of oil equivalents.