Eight bids received for Uzbekistan solar project

Eight bids received for Uzbekistan solar project

20 Apr 2021

Eight groups submitted bids for photovoltaic (PV) solar project, the second project in Uzbekistan to be developed under IFC’s Scaling Solar programme

 

Eight groups submitted bids for Uzbekistan’s photovoltaic (PV) solar project, the second project to be developed under IFC’s Scaling Solar programme.

The project will involve developing PV solar plants at Samarkand and Jizzakh.

Proposals were received from the following groups for the solar scheme, which will involve developing PV solar plants at Samarkand and Jizzakh:

  • Acwa Power (Saudi Arabia) – 2 sites
  • Avelar Solar Technology (Russia)/ Green Energy Rus – 2 sites
  • Jinko Power Technology (China)/ Jinko Power/ China Power International – 2 sites
  • Kepco (South Korea)/ Samsung C&T Corporation (South Korea)– 2 sites
  • Masdar (UAE)- 2 sites
  • Powerchina Resources/ Jiangsu Linyang Energy Company (China)
  • Risen Energy (China)/ Tojikgidroelectormontaj – 1 site (Jizzakh)
  • Total Eren (France)/ Total Solar (France) – 2 sites

The bids were received by Uzbekistan’s Ministry of Energy (MOE) on 16 April. Seven of the eight bidders submitted bids for both sites, with only the Risen Energy consortium submitting a proposal for a single site (Jizzakh).

Energy & Utilities recently reported that five groups had submitted proposals for the 200MW Sherabad solar scheme on 12 April.

The following five groups submitted proposals for the Sherabad solar project:

  • Acwa Power (Saudi Arabia)
  • Jinko Power (China)/ China Power Holding International
  • Masdar (UAE)
  • Powerchina Resources/ Jiangsu Linyang Energy Company (China)
  • Risen Energy (China)/ Tojikgidroelectormontaj
  • Total Eren/ Total Solar (France)

Uzbekistan awarded the contract to develop the country’s first solar IPP project to a consortium led by the UAE’s Masdar in November 2019.

Masdar reached financial close for the 100MW Navoi solar project in December 2020.

The Navoi project was the first project to be tendered under IFC’s Scaling Solar programme.

The conclusion of loan and finance agreements were signed on 24 December during a virtual online signing ceremony with representatives from Masdar, Uzbekistan’s Ministry of Investments and Foreign Trade (MIFT), the International Finance Corporation (IFC), Asian Development Bank (ADB), the World Bank Group and the European Bank for Reconstruction and Development (EBRD).

The UAE energy firm submitted the lowest tariff of $cents2.679 per kilowatt hour. The project is being developed under the IFC’s Scaling Solar Programme. Uzbekistan has set a target of developing 5GW of renewable energy by 2030, with projects to developed under the IFC Scaling Solar programme expected to contribute 1GW of the total.

Energy & Utilities recently reported that UAE-based Phanes Group had signed the power purchase agreement (PPA) and other project agreements with the Uzbekistan government to develop a 200MW photovoltaic (PV) solar plant in the Central Asian country.

The 200MW PV plant will be developed in the Navoi region of Uzbekistan.

Uzbekistan has set a target of developing 5GW of solar capacity by 2030.

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