UAE-based Masdar and AMEA Power have signed agreements to build large-scale energy storage systems in Uzbekistan, strengthening their role in the country’s renewable energy transition and advancing sustainable power infrastructure.Will Uzbekistan fund a 250-megawatt solar photovoltaic plant?TASHKENT, May 21, 2024 — 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).
Who will sell electricity to in 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.
How will Uzbekistan improve its energy security?“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.
How does the World Bank help Uzbekistan?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.
Who owns Samarkand & Kungrad?The projects in Samarkand and Kungrad have a combined investment value of USD 4.2 billion and are among the largest clean energy and storage projects in Uzbekistan. The joint development agreement will see ACWA Power divest 49% of its stake in the Samarkand and Kungrad projects to Sumitomo Corporation.
What does the Uzbekistan agreement entail?The agreement also aligns with our growing Uzbekistan portfolio, which includes wind power plants in multiple regions and the country’s first green hydrogen plant that will produce 3,000 metric tons of green hydrogen per ye
2 days ago · Energy storage systems play a crucial role in stabilizing power supply by allowing electricity to be stored and used when needed. Uzbekistan''s first large-scale 300 MW energy storage system was
2 days ago · Energy storage systems play a crucial role in stabilizing power supply by allowing electricity to be stored and used when needed. Uzbekistan''s first large-scale 300 MW energy
Mar 12, 2025 · A state-owned power company in Uzbekistan has signed a PPA with Voltalia for a project combining solar PV, wind and battery storage.
Oct 29, 2025 · Through this Project, Sumitomo Corporation will contribute to Uzbekistan''s energy transition by leveraging its experience in integrated renewable energy businesses, while
Sep 30, 2024 · This joint development agreement with Sumitomo Corporation showcases ACWA Power''s commitment to supporting Uzbekistan''s impressive and ambitious energy transition.
Tashkent, Uzbekistan, May 21, 2024 — The World Bank Group,Abu Dhabi Future Energy Company PJSC (Masdar), and the Government of Uzbekistan have signed a financial
May 21, 2024 · The World Bank Group, Abu Dhabi Future Energy Company PJSC, and the Government of Uzbekistan have signed a financial package to fund a 250-megawatt solar
Sep 30, 2024 · This joint development agreement with Sumitomo Corporation showcases ACWA Power''s commitment to supporting Uzbekistan''s impressive and ambitious energy transition. Integrating battery storage
Mar 12, 2025 · A state-owned power company in Uzbekistan has signed a PPA with Voltalia for a project combining solar PV, wind and battery storage.
Tashkent, Uzbekistan, May 21, 2024 — 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
Jun 11, 2025 · Deye unveiled utility-scale, C residential energy storage tech at Power Uzbekistan 2025, accelerating renewable adoption across Central Asia.
Oct 29, 2025 · The project involves 1,000 MW solar power and 1,336 MWh battery storage in Samarkand and Bukhara. Construction is scheduled to complete post-2027 with a 25-year
Jan 24, 2025 · Sungrow and CEEC launch Uzbekistan''s first 300MWh energy storage project, enhancing grid stability and supporting the country''s renewable energy goals.
Nov 2, 2025 · The Project involves the construction, ownership and operation of solar power plants that can generate 1,000 MW, equivalent to the annual electricity consumption of
TASHKENT, May 21, 2024 — 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).
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.
“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.
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.
The projects in Samarkand and Kungrad have a combined investment value of USD 4.2 billion and are among the largest clean energy and storage projects in Uzbekistan. The joint development agreement will see ACWA Power divest 49% of its stake in the Samarkand and Kungrad projects to Sumitomo Corporation.
The agreement also aligns with our growing Uzbekistan portfolio, which includes wind power plants in multiple regions and the country’s first green hydrogen plant that will produce 3,000 metric tons of green hydrogen per year.
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