China Datang Overseas Investment to Build 263 MW Solar Power Plant in Uzbekistan

China Datang Overseas Investment is set to construct a 263 MW solar power plant in the Buka district of Tashkent region, Uzbekistan. This significant $150 million investment follows an agreement signed with the Uzbek government in January 2024.

The project, approved by a decree from President Shavkat Mirziyoyev, marks a major step in Uzbekistan's efforts to expand its renewable energy capacity. The Chinese company will also be responsible for constructing the necessary power lines for the project.

National Electric Networks JSC will compensate for part of the costs associated with constructing the electrical networks. Additionally, National Electric Grids will purchase the electricity produced by the plant for the next 25 years.

This solar power plant is expected to significantly contribute to Uzbekistan's renewable energy sector, reducing its reliance on fossil fuels and promoting sustainable development in the region. The project aligns with Uzbekistan's broader energy strategy to increase the share of renewable energy in its energy mix.

Why this matters: This investment in renewable energy is significant as it contributes to reducing Uzbekistan's reliance on fossil fuels and promoting sustainable development in the region. The successful implementation of this project could pave the way for further investments and partnerships in renewable energy between China and Uzbekistan, enhancing the region's energy capacity and supporting sustainable growth.

China Datang Overseas Investment's commitment to this project highlights the growing collaboration between China and Uzbekistan in the energy sector. The successful implementation of this project could pave the way for further investments and partnerships in renewable energy between the two countries.

Notably, the construction of the 263 MW solar power plant in Buka district is a significant stride in Uzbekistan's renewable energy sector. With a substantial investment of $150 million, this project is set to enhance the region's energy capacity and support sustainable growth.

Key Takeaways

• China Datang to build 263 MW solar power plant in Uzbekistan's Tashkent region.
• $150 million investment to reduce Uzbekistan's reliance on fossil fuels.
• Project aligns with Uzbekistan's goal to increase renewable energy share.
• National Electric Grids to purchase electricity for 25 years.
• Successful implementation could lead to further China-Uzbekistan energy partnerships.