Uzbekistan to increase renewable energy targets
Uzbekistan's Ministry of Energy has said it is considering increasing the planned capacity for PV solar from 5GW to 7GW and wind capacity from 3GW to 5GW by 2030
Uzbekistan is planning to increase its renewable energy targets, the Ministry of Energy has revealed.
The ministry is considering increasing the planned capacity for PV solar from 5GW to 7GW and wind capacity from 3GW to 5GW by 2030.
In 2020, the ministry published a report covering development of the country’s electricity sector between 2020 and 2030. The report, which laid out plans to upgrade existing power plants, invite private investors to develop generation capacity and reforms, laid out plans for developing photovoltaic (PV) solar and wind capacity over the next decade.
Since the plan was published, the energy ministry, in cooperation with Ministry of Investments and Foreign Trade and PPP Development agency, has signed 16 power purchase agreements (PPAs) with international power producers to develop power generation capacity in the country – which included a number of renewable energy projects.
According to the energy ministry, the success with the utility-scale renewable energy tenders and negotiations to date in tandem with resilient growth in electricity demand is behind the plans to increase the clean energy capacity targets by 2030.
In July, UAE-based Masdar signed contracts to develop two photovoltaic (PV) solar projects in Uzbekistan with a total capacity of 440MW.
Energy & Utilities reported in May that Masdar had been selected as the winning bidder to develop 220MW Jizzakh PV independent power producer (IPP) project and the 220MW Samarkand PV IPP project.
Masdar was selected for the 220MW Jizzakh project with a total energy charge tariff of $cents1.823/kWh. The total tariff was comprised of a plant only energy charge of $c1.578/kWh and a PIF charge of $c0.245/kWh.
Masdar was chosen for the 220MW Samarkand PV IPP with a total energy charge tariff of $c1.791/kWh, which comprised of a plant only energy charge of $c1.570/kWh and a PIF charge of $c0.221/kWh.
Masdar was also awarded a contract to develop a 457MW PV IPP in the Sherabad district of Uzbekistan. Masdar submitted the lowest bid for the Sherbad project in May 2021.
Uzbekistan awarded the contract to develop the country’s first solar IPP project to a consortium led by Masdar in November 2019.
Masdar reached financial close for the 100MW Navoi solar project in December 2020.
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.
Masdar is also developing a 1.5GW wind project in Uzbekistan. Masdar signed a power purchase agreement (PPA) to develop the 500MW Zarafshan wind IPP project in June 2020. In April this year, Masdar signed an implementation agreement with the Uzbekistan government to increase the size of the Zarafshan wind project to 1.5GW.
Saudi Arabia’s Acwa Power has also signed agreements to develop sizable renewables capacity in Uzbekistan.
In May, Acwa Power signed the implementation agreement with the Uzbekistan Ministry of Energy for a planned 1,500MW wind farm in Uzbekistan.
Acwa Power signed the implementation agreement with the Uzbekistan’s Ministry of Investments & Foreign Trade and Ministry of Energy for the independent power producer (IPP) project, which will be located in the Karakalpakstan area of Uzbekistan.
Earlier in 2021, Acwa Power concluded agreements for two wind power projects in Bukhara and Navoi, which will have a combined total power capacity of 1,000MW.
https://energy-utilities.com/acwa-power-signs-agreements-for-1-5gw-uzbekistan-news112084.html
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