ADB proposes a 500 MW Samarkand solar project and secures a $46.5m loan for the Nur Bukhara solar plant, both aiming to attract private investment into Uzbekistan'

The ADB proposes a 500 MW Samarkand solar PV and BESS project in Uzbekistan, led by ACWA Power, aligning with the country's goal of 12 GW renewable energy capacity. A $46.5m loan agreement for the Nur Bukhara solar plant is also secured with Masdar, featuring a 250 MW generation capacity and 126 MWh storage capacity. Both projects aim to attract private investment into Uzbekistan's energy sector.

August 24, 2024
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