Masdar will build a 500 MW wind project in Uzbekistan
The government of Uzbekistan has signed an agreement with Masdar Clean Energy (part of the United Arab Emirates' company Mubadala) to design, finance, build and operate a 500 MW wind project in the Zarafshon district of the Navoi Region. The project will benefit from a power purchase agreement (PPA) with the National Electric Grid. Construction, which will take place in phases, is expected to begin by end-2020 and the 500 MW project should be operational in 2024.
Uzbekistan recently developed a 10-year plan for power provision in partnership with the Asian Development Bank and the World Bank: it planned to add up to 30 GW of new power capacity by 2030, including 5 GW of solar energy, 3.8 GW of hydropower, up to 3 GW of wind and 2.4 GW of nuclear. The plan also focused on the modernisation of existing power plants, the construction of high-efficiency power plants, the development of renewable energy sources, the upgrade of the metering system and legal reforms to create a wholesale market. The Ministry of Energy of Uzbekistan has also announced a new national Low-Carbon Energy Strategy, which was set up with the assistance from the European Bank for Reconstruction and Development (EBRD), and which aims at raising the share of renewables in the country's energy consumption and improving energy efficiency. Uzbekistan will focus on the development of carbon-free power generation and aims to build its first nuclear power plant, along with solar, hydropower and wind capacities.
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