Uzbekistan To Increase Renewables Deployment, Followed By New Strategy
Date
2/20/2023 12:15:19 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 20 . The President of
Uzbekistan has adopted a resolution 'On measures to accelerate the
introduction of renewable energy sources and energy-saving
technologies in 2023', trend reports via Uzbekistan's Energy Ministry.
According to the Resolution, Uzbekistan will put into operation
large solar and wind power plants – with a capacity of 2,100 MW,
solar panels installed on buildings and structures of social
facilities and economic entities, households – with a capacity of
1,200 MW, small solar power plants installed by entrepreneurs -
with a capacity of 550 MW.
The plants and panels will produce additional 5 billion kWh of
electric energy, by saving 4.8 billion cubic meters of natural
gas.
The financing of this project amounted to about $15.4 billion.
The Uzbek government plans to allocate $100 million from the State
budget, while the rest of the costs will be covered by: funds from
investors within the framework of public-private partnership
projects – $13.4 billion; loans from commercial banks – $1.1
billion; funds of enterprises – $610 million; funds of foreign
financial organizations – $150 million.
Earlier in February, Uzbekistan put into operation a new solar
power unit with a total capacity of 1.3 MW in the Sirdaryo region's
thermal power plant. The unit will generate an additional 2.3
million kWh of electricity. As a result, 750,000 cubic meters of
natural gas will be saved and the emissions will be also
reduced.
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