• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
06 January 2025

Viewing results 133 - 138 of 140

Uzbekistan to Cover Growing Demand with Green Energy Sources

Uzbekistan has set a goal of doubling its industrial production by 2030 and plans to implement more than 500 major industrial and infrastructure projects worth $150 billion. To accomplish these ambitious goals, the country needs to have guaranteed and stable energy resources, President Shavkat Mirziyoyev said on December 27th, at the launch ceremony of major projects in the field of green energy. “We estimate that in the next six years, our country's electricity demand will increase from the current 83 billion to 120 billion kilowatt hours. We will cover this primarily through renewable energy sources,” Mirziyoyev said. Uzbekistan will continue its active investment policy to increase the capacity of green energy sources to 27 gigawatts by 2030, he said, adding that the country possesses enormous potential for green energy. “In order to encourage the industry, we have launched the ‘Solar House’ system to provide preferential loans and subsidies for the installation of solar panels and ensure the guaranteed purchase of generated electricity. This year alone, 50,000 households and entrepreneurs have installed solar panels in our country,” Mirziyoyev said. Currently, Uzbekistan is implementing projects for the construction of 22 solar and wind power stations with a total capacity of 9 gigawatts, and the government will create all the necessary conditions and preferences for foreign investors to implement such priority projects, Mirziyoyev concluded.

President Launches Six Green Power Plants with Total Capacity of 2.4 Gigawatts

On December 27th, President of Uzbekistan, Shavkat Mirziyoyev took part in a ceremony of commissioning and connecting to the power grid of five solar and one wind power plants in six regions of the country. The event was attended by top executives from Masdar, China Energy Engineering Corporation, China Energy International Group, China Gezhouba Group, SEPCO III, and Dongfang Electric Corporation, which implemented the investment projects. Speaking at the launch ceremony, Mirziyoyev said that today, “we are standing at an important event, which opens yet another bright page in the history of our country: six large solar and wind plants with a total capacity of 2,400 megawatts are to be connected to the grid”. The first phase of the three solar power plants has been built in Jizzakh, Samarkand and Surkhandarya regions by the UAE-based company Masdar. This company has also built a modern wind power station in the Tomdi district, and its 100-megawatt capacity was also commissioned during the ceremony. Gezhouba Group launched the construction of the first 400-megawatt solar power plants in Bukhara and Kashkadarya. Once commissioned, the President said, these projects worth $2 billion will generate six billion kilowatt-hours of electricity and save up to two billion cubic meters of natural gas. Moreover, two million homes in Uzbekistan will be provided with an uninterrupted and guaranteed electric energy supply.

Chinese Company to Produce, Install Charging Stations for Electric Vehicles in Uzbekistan

Uzbekistan and China will jointly produce charging stations for electric vehicles, said the Uzbek Ministry of Energy. During its visit to China last week, a delegation of the Uzbek Research Institute of Renewable Energy Sources and the Henan Suda company discussed the implementation of a project for the production of electric charging stations and the exchange of the necessary technologies. As a result, they signed an agreement on cooperation in the field of infrastructure for electric transport. Henan Suda is a Chinese electric vehicle manufacturer based in the Henan Province. According to the agreement, by 2033 it is planned to install more than 70 centralized and 50,000 non-centralized charging stations throughout Uzbekistan. They will provide energy to over 700,000 electric vehicles. According to a presidential decree issued a year ago, Uzbekistan plans to install 2,500 charging stations for electric vehicles across the country by the end of 2024. Their presence will become mandatory for all new gas stations, business centers, hotels, shopping and entertainment centers.

Uzbekistan Provides Incentives for Households to Install Solar Panels

As part of a government program to encourage the installation of low-power solar panels (up to 50 kW) in households in regions of Uzbekistan, citizens are to be provided with a subsidy for electrical energy produced by solar panels. For electricity produced by solar panels installed on properties and facilities owned by individuals, a subsidy of 1,000 Uzbek som (0.081U$) is to be allocated for every kilowatt-hour of surplus electrical energy transferred to the national power grid, the Uzbek Energy Ministry said. Persons who have installed renewable energy sources are also exempt from land tax and property tax. Individuals and legal entities who have installed renewable energy sources with a total capacity of up to 100 kW are exempt from paying the property tax from such devices, land tax on plots occupied by devices, and profit tax for electricity sold by legal entities to the national power grid for a period of three years from the date of their commissioning and when installing electricity storage systems with a capacity of at least 25% of the installed capacity of solar panels for ten years. In recent years, Uzbekistan has experienced increasing electricity shortages, especially in the cold winter months, as the country’s population grows and natural gas reserves are depleting. This has prompted the Uzbek government to embark on a large-scale program to introduce renewable energy sources (wind and solar power plants).

Green Pitching Event at COP28 Focuses on Central Asia’s Sustainable Future

As reported on the United Nations Development Programme (UNDP) website, the UNDP in Kazakhstan organized a Green Projects Pitching Event for the countries of Central Asia, which aimed to spotlight innovative and sustainable initiatives across the region, showcasing a collaborative commitment to green growth and climate resilience. The 28th United Nations Climate Change Conference, or COP28, kicked off on November 30th and continues through to December 12th in Dubai, United Arab Emirates, with a growing urgency to increase action for meaningful change. The countries of Central Asia are presenting a common regional position on the most pressing climate issues at global scale, adopting the cooperative approach: Five countries – one region – one vote. As part of a region particularly vulnerable to the effects of climate change, the Central Asian nations are actively participating in the COP28 climate policy negotiations, advocating for commitments to reduce emissions, achieve carbon neutrality, and secure access to climate finance for the region. “The climate crisis knows no borders; it is a challenge that transcends individual nations,” said Nuri Ozbagdatli, UNDP Climate Change Specialist for Europe and Central Asia. “Success in addressing this global issue requires collective action. Together, the global community must pool our expertise, resources, and innovation to tackle climate change comprehensively, ensuring a sustainable future for all. In the countries of Central Asia, we strongly believe in the vast potential offered by the region's nature, population, and especially its youth. These factors form crucial elements in our joint endeavors to confront and overcome the challenges posed by climate change." The event was opened by the Ministers of Ecology from three Central Asian countries: Kazakhstan, Kyrgyzstan, and Uzbekistan. "Achieving a substantial reduction in greenhouse gases requires significant financial investment,” said Yerlan Nyssanbayev, Minister of Ecology and Natural Resources of Kazakhstan, in his welcoming speech. “The strategy of low-carbon development adopted by Kazakhstan this year estimates a net investment of US$610 billion in low-carbon technologies. At the same time, the importance of climate financing, which helps societies and economies build resilience and adapt to the impacts of climate change, cannot be overstated."

UNDP Outlines Approach for Green Transition

As outlined in a press release on its website, the United Nations Development Programme (UNDP) has embarked on a mission to apply foresight to its programme activities, with an initial focus on the Green Transition. This approach seeks to envision alternative futures and explore their implications for policy development. UNDP aims to foster collaboration by engaging government agencies, think tanks, NGOs, and the private sector, incorporating diverse perspectives into the decision-making process, UNDP Uzbekistan said. Matilda Dimovska, UNDP Resident Representative in Uzbekistan highlighted that "We are proud to announce the first exercise on Green Transition Foresight in Uzbekistan as a groundbreaking milestone. By uniting various stakeholders, we have fostered a collaborative environment that has yielded thought-provoking outcomes in the form of drivers of change, scenarios, and potential implications. Our objective is not to predict specific outcomes, but rather to stimulate critical thinking, question prevailing assumptions, and uncover influential forces that can shape policies for a sustainable future in the world of uncertainties". Through a series of engaging online and in-person interactions from 2022 to 2023, futurologists, UNDP experts, and government partners utilized the University of Houston's Foresight Framework. This collaborative effort involved domain mapping, scanning for signals of change, generating drivers of change, modeling alternative future scenarios, and identifying actionable ideas to support ongoing government reforms. Among the identified ideas are the development of a national tariff system, prioritizing youth involvement in the green economy, focusing on internal capacity building, and fostering cross-government coordination. Building on the insights gained, UNDP plans to continue experimentation and prototyping, allowing for the development of adaptable strategies and policies. By employing narrative scenarios, UNDP aims to ensure resilience and responsiveness to unforeseen challenges. UNDP remains committed to providing necessary assistance in leveraging foresight and scenario-based approaches in policymaking to enable transformative change. Through these efforts, UNDP is dedicated to supporting Uzbekistan in navigating the complexities of the Green Transition and building a sustainable future.