Approval of hybrid energy construction of Astana solar container communication station
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FAQS 4
Will Uzbekistan fund a 250-megawatt solar photovoltaic plant?
TASHKENT, 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).
Will KMG build a hybrid power plant?
The agreement on the construction of a hybrid power plant is a continuation of KMG’s and ENI's efforts under the Memorandum of Cooperation, signed in July 2021, in the development of energy transition projects for the generation and sale of electricity. * * *
Who is implementing the solar power plant project?
The solar power plant project will be implemented through a project company Nur Bukhara Solar PV LLC FE owned by Masdar, which is responsible for developing, financing, building, owning, operating, and maintaining the solar plant and BESS.
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.
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