• KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01140 0%
  • KZT/USD = 0.00224 0%
  • TJS/USD = 0.09324 0.11%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 19

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.

Belgian Company Helps Open First Plant for Production of High-Quality Lime in Kazakhstan

With the support of National Company, KAZAKH INVEST, Saryopan Operating company, together with the Belgian multinational company, Carmeuse Group, opened the first plant in Kazakhstan for the production of high-quality lime. The project's cost amounted to about 30 billion tenge ($65 million) and created more than 200 permanent jobs. Bauyrzhan Aitkulov, Director of the KAZAKH INVEST Project Department, attended the opening ceremony on December 15th. The enterprise's production capacity in the Saryopan field, Osakarovo district, Karaganda region, will amount to 330,000 tons annually. The plant's launch will completely replace the import of grade one lime to Kazakhstan and allow exports with added value. Access to domestic lime will increase the productivity of ferrous and non-ferrous metallurgy enterprises in the country. High-grade lime used for effective flue gas purification from CHP plants will significantly contribute to solving environmental problems in Kazakhstani cities, bringing coal plants in line with European standards. Aitkulov said that the national company has supported the project since 2018. He stressed that the plant's opening reflects the industry’s growth in the Karaganda region and the country's desire for environmentally sustainable development. The enterprise will be one of the most environmentally-friendly plants in Kazakhstan. The plant was built using ESG standards, and the dust cleaning system installed at the enterprise will provide a high degree of air purification.

Kyrgyzstan to Start Exporting Electricity in 2026, Says PM

In 2026, Kyrgyzstan will reach a surplus in the power generation sector and begin exporting electricity, Akylbek Japarov, the Chairman of the Cabinet of Ministers-Head of the Administration of the President of the Kyrgyz Republic, said on December 15th at the People's Kurultai (an assembly of representatives of the public from all regions of the country). The prime minister said that in order to eliminate shortages of electricity, five small hydroelectric power plants of 71 MW each, five solar power plants, and a second hydroelectric unit at the Toktogul hydroelectric power plant were put into operation in 2023. In 2024, the country’s power generation capacity will increase by 178 MW, with 25 small hydroelectric power plants and another hydroelectric unit at Toktogul being put into operation. Solar power plants with a capacity of 700 MW and the hydroelectric power station Bala-Saruu with a capacity of 5 MW will also be commissioned in the Talas region. The head of the Cabinet of Ministers focused on the implementation of these large energy projects. “Preparatory work for Kambarata HPP-1 is being completed: tunnels, roads, lines,” Japarov said. “Negotiations are underway with the World Bank on the first phase of its construction. The design of the Kazarman, Kokomeren, Chatkal cascades, and the Kemin-Torugart line with a capacity of 500 kilovolts will begin. In 2024, work on the Kyrgyz part of the CASA-1000 [electricity transmission] project will be completed. In two years, the Kulanak hydroelectric power plant will start operating. In 2026, we will reach a surplus in the energy sector and begin exporting electricity.” The Chairman of the Cabinet of Ministers also said that in 2024, Kyrgyzstan will begin exporting coal to China from four deposits, and a coal enrichment plant will be built in the Naryn region by 2025.

Kazakhstan to Intensify Work to Attract Investment in Green Technologies

Issues of supporting new projects in the field of renewable energy were discussed on December 14th at a meeting of the Council for the Transition to a Green Economy, chaired by the Prime Minister of Kazakhstan, Alikhan Smailov. At the meeting, Madina Abylkasymova, Chairperson of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, said that today the necessary legislative framework for the development of “green” finance has been created in Kazakhstan. A new Environmental Code has been adopted, and changes have been made for the issuance and circulation of green bonds and ESG bonds. The Prime Minister emphasized that a large-scale transformation of the economy requires, among other things, an increase in the volume of “green” investments. “To achieve carbon neutrality by 2060, financing in the amount of more than $600 billion is required. Therefore, it is necessary to intensify efforts to attract investments in green technologies,” said Smailov.

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