• 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 10

Chinese Firms to Build 250 MW Solar Power Plant in Southern Kyrgyzstan

Kyrgyzstan’s Ministry of Energy has signed an investment agreement with China’s State's Technology Co., Limited and San Energy Co. for the construction of a 250-megawatt solar power plant in the country’s south. According to the ministry, the facility will be built on 669 hectares in the village of Ak-Turpak in the Batken region. Construction is set to begin this year, with commissioning planned for 2027. Once operational, the plant will supply electricity to the National Electric Grids of Kyrgyzstan. The Ministry of Energy also signed a memorandum of cooperation with the Power Construction Corporation of China (POWERCHINA). The agreement aims to attract international investors and financial institutions to support joint energy projects in Kyrgyzstan. The memorandum outlines provisions for conducting long-term energy system development planning, providing training for Kyrgyz energy managers and engineers, and exploring the feasibility of constructing floating solar power plants on the Toktogul Reservoir, the country’s largest. These initiatives are part of a broader strategy to expand Kyrgyzstan’s power generation capacity and address persistent electricity shortages nationwide.

Vietnamese Company to Build Solar Power Plant in Kyrgyzstan

Kyrgyzstan’s Cabinet of Ministers has signed an investment agreement with Vietnam’s RECA LLC, Rox Energy Global for the construction and operation of a solar power plant in the village of Kyzyl-Oruk, located in the Issyk-Kul region. The agreement was signed by Kyrgyz Energy Minister Taalaibek Ibrayev and senior representatives of the Vietnamese firms, which are part of ROX Group, one of Vietnam’s leading conglomerates. Discussions covered key implementation stages, including land allocation by the Kyrgyz government, grid integration, and state-supported incentives for the project . The solar plant is designed to have a capacity of 1,900 MW and is scheduled for completion in 2027. The project will be financed through foreign direct investment. Founded in 1996, ROX Group operates across several sectors including real estate, technology, hospitality, and financial services, and is actively expanding into international markets, particularly in Europe. In Kyrgyzstan, the company is also behind the construction of the Royal Central Park residential complex in Bishkek. The solar power initiative is fully aligned with Kyrgyzstan’s national strategy to diversify its energy portfolio, increase electricity generation from renewable sources, and address persistent energy shortages across the country.

Chinese Firms to Build 500 MW Solar Power Plant in Uzbekistan’s Jizzakh Region

A major solar power project is set to launch in the Forish district of Uzbekistan’s Jizzakh region, following a presidential decree issued earlier this month. The project entails the construction of a 500-megawatt solar photovoltaic (PV) plant along with supporting power transmission infrastructure. According to the decree, the initiative aims to ensure a stable energy supply for both the population and key sectors of the economy, reduce dependence on natural gas in electricity generation, and increase the share of renewables in Uzbekistan’s energy mix. To carry out the project, China Electrical Equipment International Co. Ltd. and China Huadian Overseas Co. Ltd. have formed a joint venture, Huadian Jizzakh Solar Power LLC. The companies will design, finance, construct, and operate the facility. Total direct investment is projected at 2.08 billion yuan (approximately $290 million). Under a 25-year guaranteed purchase agreement, Uzbekistan’s state electricity buyer, Uzenergosotish JSC, will buy the generated electricity. For the construction site, the government has allocated 991.1 hectares of pastureland in Forish, which will be reclassified from agricultural to industrial use. This announcement follows a wave of green energy initiatives signed during the inaugural Samarkand International Climate Forum in April 2025. Among them was an agreement with China’s Liquip International to build another solar facility in the same region. As previously reported by The Times of Central Asia, Chinese investment in Jizzakh continues to grow. In June 2024, President Shavkat Mirziyoyev inaugurated a Technopark in the Zaamin district, where Chinese firms are financing 30 projects valued at $1.2 billion. The development is expected to generate over 5,000 jobs.

Fossil-Fuel Rich UAE Drives Central Asia’s Green Energy Transition

Central Asian nations, especially Kazakhstan and Uzbekistan, are seeking to develop closer ties with the oil-rich United Arab Emirates. What they need from the Gulf state is not fossil fuels, but renewable energy technology and investment in their green energy sectors. Despite being a significant oil-exporter, the UAE has managed in recent years to position itself as a regional leader in solar energy and photovoltaic solar projects. As a result, it now has global aspirations in the renewable energy industry. The Gulf country, through its semi-government-owned company, Masdar, has already invested billions of dollars in the construction of wind farms and solar plants all over the world – from the Bahamas and Barbados to Australia, as well as several African and European nations. Central Asia is no exception. In the region, the green energy giant is particularly active in Uzbekistan and Kazakhstan. It is, therefore, no surprise that, on January 14, two regional leaders, Shavkat Mirziyoyev and Kassym-Jomart Tokayev, were major guests at the Abu Dhabi Sustainability Week, a global platform focused on accelerating sustainability efforts. [caption id="attachment_27597" align="aligncenter" width="1280"] President Tokayev of Kazakhstan speaking at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] Their visit to the UAE signals a strong push for a green energy transition at home. For Tashkent and Astana, cooperation with Abu Dhabi in the field of green energy can help them to achieve their ambitious goals and reduce reliance on fossil fuels, despite both being significant producers of natural gas and oil. “Together with our foreign partners, we are currently implementing more than 50 large energy projects worth a total of $26 billion,” Mirziyoyev stressed, pointing out that by 2030, the share of renewable energy sources in the country will reach 54%. [caption id="attachment_27593" align="aligncenter" width="2560"] President of Uzbekistan, Shavkat Mirziyoyev backstage at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] In his view, Central Asia should turn into a “center of green economy.” The Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, seems to share this stance. “Central Asia can play a stronger and leading role in the global energy transition. I’m confident this new partnership can accelerate the pipeline of renewable energy projects and drive green industrialization,” La Camera said at the 15th session of the IRENA Assembly, held in the UAE capital two days prior to the meetings Mirziyoyev and Tokayev had with the UAE’s leaders. According to the Uzbek President, Tashkent is interested in jointly realizing the potential of Central Asia in solar, wind, and hydro energy, as well as in developing the production of green hydrogen. Fully aware of the Central Asian state’s green energy potential, Masdar is committed to investing $2 billion in Tashkent’s clean energy projects with a total capacity of more than two gigawatts. In the most populated Central Asian nation, the UAE’s semi-state-owned company is already involved in the construction of both solar plants and wind farms. [caption id="attachment_27594" align="aligncenter" width="2560"] Abdulaziz Alobaidli, Masdar’s Chief Operating Officer, at the Abu...

New Projects Launched in Uzbekistan’s Fergana Region

On July 11, Uzbekistan's President Shavkat Mirziyoyev attended a ceremony to launch several new projects in the country’s Fergana region. The first was the second phase of the construction of a mineral fertilizer plant by Singaporean company Indorama. The president then launched the construction of a solar power plant; a $350 million joint project with the German company Hyper Partners. Located in the Besharyk district of Fergana, the plant has  a capacity of 500 megawatts of which 200 megawatts will come online this year . When fully operational in 2025,  it will generate 1.6 billion kilowatt-hours of green energy per year, equivalent to the annual consumption of 675 thousand households. This increase in green energy will save 466 million cubic meters of natural gas. In addition, Mirziyoyev celebrated the start of construction on a $144 million electricity storage system by the Chinese Gezhouba Group. With a capacity of 150 megawatts and the means to automatically turn on when electricity demand increases to ensure stable operation of the power grid, the  facility should be operational before the end of this year Lastly, the president launched two small hydroelectric power plants; one with a capacity of 2.2 megawatts in the village of Shakhimardan, and the other,  with a capacity of 430 kilowatts, in the village of Yukori Vodil. During his speech, President Mirziyoyev noted that the volume of investments in the Fergana region is growing year on year. In 2018, only $90 million was invested in the region, while the figure for last year reached $1.3 billion. The number of enterprises financed with foreign capital currently totals 470. Around one hundred projects worth $370 million have been implemented in the Kokand free economic zone alone, creating 9 thousand new jobs. According to a presidential decree, this economic zone will expand by 210 hectares around the city of Kuvasay, house 185 new projects worth $1 billion, and create 12,000 jobs. In addition, a special Uzbek-Chinese industrial zone spanning  ​​230 hectares will be created in Kokand.

Kyrgyzstan and IFC Sign Agreement on Two Solar Power Plant Projects

On 10 June, the Ministry of Energy and the Ministry of Economy and Commerce of the Kyrgyz Republic signed an agreement with the International Finance Corporation (IFC) on the implementation of two solar power plant projects in the country’s Batken and Talas regions. According to the Ministry of Economy and Commerce, the agreement is a continuation of cooperation between the Kyrgyz government and IFC on the construction of solar power plants with a total capacity of up to 500 MW in Kyrgyzstan. In the first phase of this collaboration, IFC helped the Kyrgyz Republic conduct a comprehensive analysis for a pilot project for a 100-150 MW solar power plant planned in the Kochkor district of Naryn region, and is currently helping to attract private investors in its implementation. The second stage will include two solar plants, each with a capacity of 100-150 MW, in the Batken and Talas regions.