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).
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.
The Solar Furnace of Uzbekistan was built in Uzbekistan and opened in 1981 as a part of a Soviet Union "Sun" Complex Research Facility, being the world largest concentrator. The rays are focused onto an area the size of a cooking pot and can reach 4,000 °C (7,230 °F), depending on the process installed; for example:
The solar power plant project will be implemented through a project company Nur Bukhara Solar PV LLC FE owned by Masdar, which is responsible for developing, financing, building, owning, operating, and maintaining the solar plant and BESS.
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Discover how Uzbekistan is shining bright on its ambitious quest to lead Central Asia in solar energy. Explore innovative initiatives, investment opportunities, and sustainable …
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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 …
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The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, inaugurated the Nur Bukhara project, the country’s first utility-scale integrated solar and …
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Uzbekistan has taken a major step in its renewable energy ambitions with the inauguration of the Nur Bukhara project, the country’s first utility-scale integrated solar and …
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