Project Detail |
The Project constitutes the development, construction, operation, and transfer of a 250 MW solar PV along with a 63 MW/126MWh of battery storage and a 220 kV substation. The project site is in the Bukhara region and covers an area of around 6.75 square kilometers.
Project Name Bukhara Solar and Battery Energy Storage Project
Project Number 57212-001
Borrower / Company Nur Bukhara Solar PV Foreign Enterprise LLC
Country / Economy Uzbekistan
Location Nation-wide
The Project constitutes the development, construction, operation, and transfer of a 250 MW solar PV along with a 63 MW/126MWh of battery storage and a 220 kV substation. The project site is in the Bukhara region and covers an area of around 6.75 square kilometers.
Objectives and Scope Uzbekistans new energy policy emphasizes the deployment of renewable energy, encouraged by early achievements to invite private sector investments in multiple large solar and wind power projects, the government is currently working on increasing the solar capacity to 7 GW and wind capacity to 5 GW. This project is expected to establish bankable precedents intended to catalyze further private sector participation in Uzbekistans renewable energy sector.
Linkage to Country/Regional Strategy The project is consistent with ADBs Strategy 2030, which includes tackling climate change and enhancing environmental sustainability as key operational priorities. The project is also consistent with the Uzbekistan Country Partnership Strategy 2019-2023, as the project will help foster reliable energy supply to improve energy security and promote the use of renewable energy sources. ADB seeks to create conditions for greater private sector participation in Uzbekistan. |