China, Uzbekistan Got Great Potential To Co-Op In Renewables, Analysts Say
Date
6/14/2023 12:20:38 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 14. China and Uzbekistan
have great potential for expanding cooperation in the field of
alternative energy, Center for Economic Research and Reforms of
Uzbekistan (CERR) told trend .
Given China's technological leadership in solar, wind, and hydro
energy, as well as the existing financial instruments to support
projects, scientific and practical cooperation between the two
countries in the renewable energy sector can be significantly
increased, the CERR specialists said.
"Attracting Chinese companies such as JinkoSolar Holding
Company, JA Solar Technology Company, Trina Solar Company, LONGi
Green Energy Technology Company, and Suntech to develop
Uzbekistan's energy sector through joint ventures will enable the
establishment of solar panel production, while with Xinjiang
Goldwind Science & Technology Co., Uzbekistan could cooperate on
wind turbines production," the Center said.
Furthermore, cooperation with Shanghai Electric Group Company in
the development and implementation of projects in the construction
of ultra-low-emission thermal power plants can also address waste
management issues, the experts of the Center noted.
"China is one of Uzbekistan's largest trading, economic, and
investment partners. China represents a huge market for products,
which can open up promising opportunities for Uzbekistan to
increase exports and diversify production," the analysts added.
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