Tashkent Energy Storage Power Supply Procurement

What is EBRD doing with Tashkent solar PV & energy storage?

Nandita Parshad, Managing Director, Sustainable Infrastructure Group at EBRD, said: “We are proud to partner with ACWA Power and co-financiers on the pioneering Tashkent Solar PV and energy storage project in Uzbekistan, the largest of its kind in Central Asia. The project is core to Uzbekistan's ambition to install 25GW of renewables by 2030.

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).

Does Saudi Arabia have a power purchase agreement with Uzbekistan?

Saudi Arabian energy giant ACWA Power says it has secured several power purchase agreements (PPAs) for 1.4 GW of solar power and 1.5 GWh of storage capacity from Uzbekistan’s Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and the country's Ministry of Investment, Industry and Trade.

How much does a power plant cost in Uzbekistan?

Abu Dhabi-based developer Masdar secured the project in the Bukhara region with a bid of $0.03044/kWh. The 250 MW plant will be connected to a 62 MW storage facility. A consortium led by PowerChina secured the 150 MW project in Uzbekistan’s Namangan region. The group offered a final price of $0.0 4828/kWh.

What are Tashkent & Bess projects?

“The Tashkent projects will include a 400 MW PV plant and 500 MWh BESS, while two 500 MW PV projects each and a 500 MWh BESS will be developed in Samarkand,” the company said in a statement. “Another 500 MWh BESS will be located in Bukhara, and the project will include overhead transmission lines to help dispatch power to the grid.”

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.