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TASHKENT, � 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).
“This project will enhance Uzbekistan's energy security through the use of innovative solutions and technologies,” noted Marco Mantovanelli, World Bank Country Manager for 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.
The PV plant and the BESS facility are situated 3.5 km apart, within Yuqorichirchik District and Parkent District respectively. Both districts are located within Tashkent Region. The overall project location lies about 20 km from Tashkent City.
The PV plant site is located along the 4R-12 district highway, which links feeder roads within the districts of Yukorichirchik, Parkent and Kibray to the ring road along the outskirts of Tashkent City. The single carriageway is paved and in good condition.
These efforts support the country's clean energy transition and decarbonization, as well as its economic growth. In this context, the World Bank Group is helping Uzbekistan develop 2,000 MW of solar and 500 MW of wind energy by attracting private sector investments.
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