Will Uzbekistan fund a 250-megawatt solar photovoltaic plant?

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).

Does Voltalia have a Bess project in Uzbekistan?

Voltalia has also signed two partnership agreements to deploy BESS in Uzbekistan. The first will extend the Sarimay project with a 50MW/100MWh BESS, the sales contract for which is expected to be signed in summer 2024.

Will Voltalia build a 126MW solar PV project in Uzbekistan?

Voltalia has started building a 126MW solar PV project in Uzbekistan, to which it will add a 100MWh BESS with plans to build one 10x larger.

How will Uzbekistan improve its energy security?

“This project will enhance Uzbekistan’s energy security through the use of innovative solutions and technologies,” noted Marco Mantovanelli, World Bank Country Manager for Uzbekistan.

Who will sell electricity to in Uzbekistan?

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.

What is a Bess project?

The project aims to expand clean and reliable electricity access to approximately 75,000 households. The project marks Central Asia's first renewable energy initiative with an integrated BESS component.