• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 -0%
  • TJS/USD = 0.10837 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
06 November 2025

Viewing results 1 - 6 of 103

Uzbekistan’s Green Energy Output Hits 9 Billion kWh in 2025

Uzbekistan’s solar and wind power plants generated a record 9 billion kilowatt-hours (kWh) of electricity in 2025, according to data released by the Ministry of Energy on October 22. The milestone reflects the country’s growing commitment to renewable energy and aligns with the strategic goals outlined by President Shavkat Mirziyoyev in his addresses to the 78th and 80th sessions of the United Nations General Assembly. Uzbekistan aims to adapt its economy to climate change, achieve carbon neutrality, and expand the share of renewables in its energy mix. The country currently operates 12 solar photovoltaic plants and five wind farms with a combined capacity of 4,682 megawatts. These facilities have saved approximately 2.73 billion cubic meters of natural gas and prevented the emission of nearly 4 million tons of pollutants. As of October 22, total electricity generation from hydro, solar, and wind sources reached 14.52 billion kWh for the year. Renewable energy now accounts for about 23% of Uzbekistan’s total electricity output. Officials estimate that the 9 billion kWh produced by solar and wind facilities alone could meet ten months of electricity demand for 7.5 million households or provide a full year’s supply for 6 million homes. The figure highlights the country’s accelerating transition toward a more sustainable energy future.

ACWA Power Conducts Renewable Energy Workshop in Tashkent

Uzbekistan has taken another step toward its clean energy ambitions with a comprehensive training program hosted by the Energy and Water Academy (EWA Academy) in partnership with Saudi-based ACWA Power and the country’s ministries of energy and higher education. Held in Tashkent on October 7, the full-day workshop focused on key renewable energy technologies and brought together engineers, legal experts, financiers, policymakers, and students. The training aimed to deepen national expertise in solar, wind, energy storage, and hydrogen technologies, critical components of Uzbekistan’s evolving energy strategy. [caption id="attachment_37597" align="aligncenter" width="350"] @Acwa Power[/caption] Four technical modules were led by senior ACWA Power experts. Manuel Pozo Garcia presented on solar photovoltaic (PV) system design, grid integration, and performance optimization. Mohammad Iftekhar Ansari discussed wind resource assessment and turbine technologies, highlighting opportunities in Karakalpakstan and the Bukhara region. Krunal Patel covered battery energy storage systems (BESS) and hybrid energy solutions, emphasizing their role in grid stability and renewable energy integration. Philip Boustead explored the potential of green hydrogen, particularly in decarbonizing sectors that are difficult to electrify. A keynote address by Jose Barragan, Vice President of Technical Services at ACWA Power, highlighted the company’s expanding renewable energy portfolio and innovation strategy. The event also included an interactive quiz, open discussions, and awards to recognize participant engagement. Students from Shirin College, the first higher education institution in Uzbekistan dedicated to renewable energy, were among the attendees, underscoring the focus on building local capacity. Dr. Jon Zaidi, ACWA Power’s Country General Manager for Uzbekistan, said the training supports the country’s Vision 2030 and the government’s broader push for a green energy transition. “Beyond financing infrastructure, we believe developing human capital is critical,” he said. [caption id="attachment_37598" align="aligncenter" width="351"] @Acwa Power[/caption] Thamer Alsharhan, chairman of EWA Academy, added that the initiative reflects a wider commitment to knowledge sharing, ensuring that local communities benefit directly from energy reforms. The event builds on ACWA Power’s expanding presence in Uzbekistan. The company is currently developing more than 8.6 gigawatts (GW) of renewable energy capacity across the country, including several large-scale solar and wind projects. In 2024, ACWA Power finalized dry financing for the $533 million Tashkent Riverside project, which combines a 200 MW solar PV plant with a 500 MWh battery energy storage system, the largest in Central Asia at the time. The company has also been active in wind energy, recently selling a 35% stake in two under-construction wind farms, Bash and Dzhankeldy, both located in the Bukhara region to China Southern Power Grid International.

Opinion: Uzbekistan’s Winds of Change – A Blueprint for Renewable Energy Transformation in Central Asia

For much of its post-Soviet history, Uzbekistan’s energy system has been defined by natural gas. Its abundant domestic reserves provide a cheap and reliable source of electricity generation, export revenues, and industrial growth. However, this reliance has come at a cost, including vulnerability to fossil fuel volatility, carbon emissions inconsistent with global climate commitments, and an energy profile increasingly at odds with international investment trends. Today, a new landscape is emerging in Uzbekistan’s energy sector. The vast steppes and desert plateaus of the Karakalpakstan and Navoi regions have emerged as some of the most promising areas for wind turbines and energy sector development. This transformation could redefine not only Uzbekistan’s energy security but also the regional energy map of Central Asia. A Decade in the Making: From Pilot to Pioneer This story begins in 2020, when the United Arab Emirates’ renewable energy developer Masdar signed an agreement to construct the Zarafshan Wind Farm in the Navoi region. Initially, this was not a pilot project, as its proposed capacity was about 500 MW, making it the largest wind project among the Central Asian countries at the time. Its symbolism pulsed with an energy no less powerful than the current itself. For Uzbekistan, which had no operating commercial wind capacity, the project marked a significant shift from concept to execution. The Zarafshan Wind Farm reached financial close in 2020, commenced construction in 2022, and was officially inaugurated in December 2024 by Uzbekistan’s President Shavkat Mirziyoyev. Developer reports describe it as one of the largest operational wind farms in Central Asia. It represented a step forward toward sustainability and a message of resolve for energy resilience. In a region where fossil fuels still dominate, Uzbekistan has positioned itself as a regional leader in large-scale wind energy production.. Scaling Beyond Zarafshan: Kungrad and Nukus The breakthrough at the Zarafshan Wind Farm signaled the dawn of a larger journey. Subsequently, Saudi Arabia’s ACWA Power, a giant in renewable energy, agreed to set up the Kungrad Wind IPP. This project includes a transformative complex of three 500 MW wind farms with a total capacity of 1.5 GW of power generation. According to project plans, it will also be accompanied by a 300 MW battery energy storage system (BESS) and roughly 1,450 kilometers of new transmission infrastructure. This single project surpasses Uzbekistan’s earlier renewable efforts and, when completed, will represent one of the most significant clean energy undertakings in the region. Similarly, the Nukus II wind farm-plus-storage project, which secured financing from the Asian Development Bank (ADB) and other partners in mid-2025, seeks to expand renewable energy use, reduce reliance on fossil fuels, cut greenhouse gas emissions, and strengthen energy security. It includes building and operating a 200 MW wind power plant, a 100 MWh battery storage system, a 44 km transmission line, and an upgrade of the 220 kV Beruniy substation. This integration of renewables with flexible storage represents a new phase of Uzbekistan’s energy transition, one where renewables are not simply added to the grid...

China-Kazakhstan Economic Ties: Strong Trade, Weakening Investment

For the second consecutive year, China remains Kazakhstan's largest foreign economic partner. In 2023, China's share of Kazakhstan's total trade turnover surpassed 20%, up from 15.1% in 2019, according to analysts at Ranking.kz. Trade Dynamics: What Kazakhstan Sells and Buys Data from the National Statistics Bureau of the ASPiR RK show that bilateral trade between Kazakhstan and China reached $30.1 billion in 2023. Kazakhstan exported goods worth $14.9 billion to China, while imports from China totaled $15.2 billion. In the first quarter of 2025, trade turnover stood at $5.9 billion, a 5.1% decrease compared to the same period in 2024. Analysts attribute this dip primarily to reduced exports from Kazakhstan. Kazakhstan’s exports to China consist predominantly of raw materials: oil and gas, ores, metal concentrates, uranium, and agricultural products. China, in return, exports transport equipment, electronics, construction materials, clothing, and footwear to Kazakhstan. Notably, Kazakhstan spent over $100 million on Chinese sock imports last year. Digital technology also represents a significant share of imports, with Kazakh companies spending approximately $683.6 million on computers and laptops. Chinese Investment: From Energy to Industrial Zones China ranks among the top five foreign investors in Kazakhstan. In 2024, direct investment from China amounted to $1.2 billion, almost 50% less than the previous year. This decline mirrors broader trends affecting other major investor countries. Overall, 2024 marked a record low for gross foreign direct investment (FDI) inflows into Kazakhstan. Between 2015 and 2022, 25 joint projects valued at $7.4 billion were implemented. According to KAZAKH INVEST and Halyk Research, an additional 30 major initiatives worth $5.2 billion are in the pipeline. One flagship project is the $1.5 billion copper smelter in the Abai region, a joint venture between KAZ Minerals and Chinese investors, expected to be completed by the end of 2028. Another major initiative is an industrial town in the Zhetysu region’s special economic zone (SEZ), with investments totaling $638 million. The site will host enterprises in non-ferrous metallurgy, electronics, and food production, spanning over 1,000 hectares. China is also a key player in Kazakhstan’s renewable energy sector, financing wind farms in the Abai, Aktobe, Mangistau, and Ulytau regions at an estimated cost of $1.2 billion. As of May 1, 2025, more than 4,100 legal entities with Chinese participation were registered in Kazakhstan, which is 3.5 times the number recorded in 2019, according to the Bureau of National Statistics. Of these, approximately 40.7 percent (about 1,700 companies) are involved in trade, while others operate in industry (354 enterprises), construction (352), and mining (209).

Investors Push Back Against New Renewable Energy Bill in Kyrgyzstan

A new draft law proposed by Kyrgyzstan’s Ministry of Energy has sparked concern among renewable energy investors. The legislation, currently under public review until June 20, 2025, imposes new financial and technical obligations on owners of small hydropower plants as well as solar and wind power installations. Following the review period, the bill will be submitted to the president for approval. Key Provisions and Investor Backlash Under the proposed law, operators of small hydroelectric and other renewable energy facilities would be required to pay 1% of their electricity sales revenue to local authorities. Additionally, they must maintain the ability to accumulate at least 30% of the station’s installed capacity. The draft also stipulates that electricity generated from renewable energy sources (RES), which is neither consumed by the producer nor sold under contract, will be priced at the average tariff of the previous year. Lawmakers claim the bill ensures transmission support for RES providers, mandating that distribution companies and relevant organizations enable the smooth delivery of electricity from private generators to consumers, provided the infrastructure allows. However, industry representatives argue that the legislation could stall growth in the sector. A letter from a consortium of small hydropower companies in the Chui and Issyk-Kul regions warns that the proposed changes create unnecessary obstacles and risk deterring both domestic and foreign investment. “No domestic, let alone foreign, investor will be interested in implementing renewable energy projects if the payback period at a tariff of 1.71 KGS ($0.020) per kWh is extended to 20-25 years,” said Rakhatbek Irsaliyev, director of the consortium. “This is especially true given that such projects are not implemented for personal use or resale, but to cover the country’s growing electricity deficit.” The consortium is urging the government to revisit its tariff policy. Specifically, they are calling for a system that allows energy producers to sell at updated, higher rates, rather than last year’s average. In Kyrgyzstan, electricity tariffs are typically adjusted annually on May 1. Broader Energy Context Kyrgyzstan has long touted its substantial energy potential, particularly in hydropower. With abundant rivers and glaciers, it ranks third in hydropower resources among CIS countries, following Russia and Tajikistan. Yet, less than 10% of this potential is currently being utilized. Government efforts to address the energy shortfall include the commissioning of 18 small hydropower plants in 2025 and the expansion of wind and solar infrastructure nationwide. A major project, Kambarata HPP-1 on the Naryn River, is also in development, involving cooperation with neighboring countries. Meanwhile, the CASA-1000 initiative is nearing completion. This project aims to export summer surplus electricity from Kyrgyzstan and Tajikistan to Pakistan via Afghanistan. Despite this progress, international organizations like the World Bank have urged Kyrgyzstan to raise electricity tariffs for both residential and commercial users. Since 2024, the government has begun implementing gradual tariff hikes, but experts argue that the pace is insufficient. “The tariffs set for industrial and commercial consumers allow costs to be recouped. These categories pay a fair price,” said Katarina Gassner, a World...

World Bank Approves $100 Million to Modernize Uzbekistan’s Power Grid

The World Bank has approved a $100 million credit to support the modernization of Uzbekistan’s electricity distribution system and facilitate the integration of renewable energy sources. Uzbekistan’s Regional Electric Power Networks (REPN) will contribute an additional $50 million to the initiative, marking the country’s first use of the World Bank’s Program-for-Results (PforR) financing model. Uzbekistan’s aging power distribution infrastructure poses serious challenges. Over 50% of the network is more than 30 years old and suffers from significant inefficiencies. As of 2024, technical issues contribute to the loss of approximately 13% of electricity, resulting in frequent outages across the country. The government has set a target of installing 25 gigawatts of renewable energy capacity by 2030. However, experts warn that without immediate upgrades to the national grid, Uzbekistan’s infrastructure will be unable to accommodate this expansion. In addition to technical improvements, the government is working to reduce commercial losses and enhance the financial viability of the electricity sector to attract private investment. Tatiana Proskuryakova, World Bank Country Director for Central Asia, highlighted the scale of the challenge. “The total investment needed is about $3 billion. We hope other development partners and private investors will join us in supporting REPN in this crucial effort,” she said. The combined $150 million from the World Bank and REPN will be deployed over the next five years to upgrade and expand infrastructure, particularly in regions such as Karakalpakstan and Surkhandarya. Planned improvements include: Construction or modernization of 6,000 kilometers of power lines Installation of 1,200 transformers Connection of 150,000 smart meters Deployment of 4,000 data concentrators to improve automation The program also aims to enhance REPN’s operational and financial management. It includes the development of advanced planning methodologies, strengthened financial oversight, and support for corporate governance reforms. By 2029, the initiative is expected to increase customer satisfaction, reduce annual CO₂ emissions by up to 450,000 tons, and raise the proportion of women in technical and leadership roles from 9% to 14%. Earlier this year, the World Bank also approved $153 million in support of a project aimed at reforestation and combating land degradation in Uzbekistan, as part of a broader regional climate resilience program.