The European Bank for Reconstruction and Development (EBRD) says it continues to invest in renewable energy power generation and in the safe and reliable connection of variable renewables to Uzbekistan’s power grid by organizing a financing package of up to US$195.5 million (€168.5 million) for the construction and operation of a 300 MW greenfield solar
On January 14, President Shavkat Mirziyoyev reviewed plans on increasing energy efficiency. According to international experts, Uzbekistan is among the most energy-intensive countries. In particular, almost 50 percent of the final energy consumption in the country accounts for the buildings, and the energy consumption per square meter is several times higher than in European countries.
On January 12, President Shavkat Mirziyoyev reviewed plans of the country’s oil and gas company, Uzbekneftegaz, to increase natural gas reserves and production volumes, as well as to intensify geological exploration. In 2026, Uzbekneftegaz must increase the daily production of natural gas from 66 million cubic meters to 70 million cubic meters and produce not
The official opening ceremony of the 240 MW Khizi-Absheron wind power plant, constructed by Saudi Arabia’s ACWA Power, was held on January 8 in Baku, Azerbaijan’s state news agency AZERTAC reported. Approximately $340 million in foreign investment has been attracted for the project. The plant’s annual electricity generation is expected to reach 1 billion kilowatt-hours,
In an interview with the Turkistan newspaper, published on the official presidential website, Kazakhstan President Kassym-Jomart Tokayev said that in 2025, the country’s economy grew by more than 6 percent, with GDP surpassing $300 billion and per capita exceeding $15,000. “These are record high figures not only for our country but for the entire region,”
The European Bank for Reconstruction and Development (EBRD) says it is helping to meet growing demand for industrial infrastructure in the renewable energy and logistics sectors in Kazakhstan and across Central Asia by supporting the operations of Sarens Kazakhstan. The EBRD’s loan of up to €25 million (in KZT equivalent) to Sarens Kazakhstan, a fully owned
On December 30, Uzbekistan President Shavkat Mirziyoyev inspected energy facilities under construction on the territory of New Tashkent, which is currently under construction. The modern trigeneration technology allows to simultaneously ensure the city with the heating and cooling, spending twice less energy than traditional sources. Production processes in traditional heating plants or cooling systems are
Aziz Abdukhakimov, Adviser to the President of Uzbekistan on environmental issues and Chairman of the National Committee on Ecology and Climate Change, held a series of meetings reviewing the implementation of projects for the incineration of municipal solid waste for electricity generation. According to the National Committee, the discussions were held with representatives of Chinese
On December 20 in Tokyo, Japanese Prime Minister Sanae Takaichi welcomed the Presidents of the five Central Asian countries as she hosted the first Summit of the “Central Asia plus Japan” Dialogue (CA+JAD) at the leader’s level. Prime Minister Takaichi highlighted the importance and potential of the Central Asian region, including its geopolitical significance as
Kazakhstan’s Satbayev University, a technical university located in Almaty, has signed an agreement with the French energy company Total and the University of Lorraine for the launch of an educational program at Satbayev University to train personnel for the Mirny wind energy project in the Zhambyl region. The document was signed by Samgat Yermekbayev, First
SOCAR (State Oil Company of the Azerbaijan Republic) and Uzbekneftegaz, Uzbekistan’s oil and gas company have launched a joint exploration project in the Ustyurt region in Uzbekistan’s Karakalpakstan. The Production Sharing Agreement (PSA) for the exploration, development, and production in the Ustyurt investment blocks (Boyterak, Terenqquduq, Birgori, Kharoy, Korakalpok, and Kulboy) was signed in July
On December 5, President of Uzbekistan Shavkat Mirziyoyev took part in a ceremony marking the launch and start of construction of new energy capacities and infrastructure facilities. By pressing a symbolic button, the President launched the operation of 42 energy facilities and the construction of 21 new projects. The event was attended by Minister of
On December 5, President of Uzbekistan Shavkat Mirziyoyev held a meeting with the heads of leading Chinese companies to discuss expanding cooperation and advancing joint projects aimed at introducing modern technologies and engineering solutions in the energy sector. The growing interest of Chinese companies in implementing projects in Uzbekistan was noted with satisfaction. This year
At the Government session, Minister of Energy Yerlan Akenzhenov reported on strategic development plans for oil refining. According to the minister, in 2024 the volume of oil refining amounted to 17.9 million tons. Domestic refineries demonstrate a high level of digitalization, using advanced American and Japanese automated process control systems (Honeywell and Yokogawa). In accordance with
On November 22, a meeting of water and energy ministers of Kazakhstan, Kyrgyzstan, and Uzbekistan was held in Almaty. The ministers agreed on further water and energy cooperation. Given the low water level in the reservoir of Kyrgyzstan’s Toktogul hydropower plant (HPP), the meeting participants decided to support each other with mutual electricity supplies and
On November 17, negotiations were held between President of Uzbekistan Shavkat Mirziyoyev and President of Turkmenistan Serdar Berdimuhamedov in Tashkent. It was emphasized that the current state visit will become a significant step toward further strengthening the Uzbek-Turkmen relations of friendship, good-neighborliness and strategic partnership. Uzbek-Turkmen trade turnover has nearly doubled in recent years, exceeding
The Ministry of Artificial Intelligence and Digital Development of Kazakhstan, Clearbrook Energy Solutions (CES), and AG-Tech have signed a Memorandum of Understanding (MoU) to establish a Battery Energy Storage Systems (BESS) manufacturing and assembly plant in Kazakhstan. The signing took place on the sidelines of the C5+1 Business Conference in Washington, D.C. last week. The
In early November, Bishkek hosted a political dialogue titled “Women in Water and Energy,” bringing together female leaders and experts from five Central Asian countries. The event marked a continuation of the Green Central Asia program, which aims to strengthen regional cooperation on climate, environmental protection, and security. In a region facing mounting ecological challenges,
The Asian Development Bank (ADB), together with ACWA Power Company, Sumitomo Corporation, Chubu Electric Power Co. Inc., and Shikoku Electric Power Co. Inc., has signed a landmark financing package to build two utility-scale solar power plants with battery energy storage systems (BESS) in Uzbekistan. The Samarkand 1 and 2 Solar PV and BESS Projects will be developed across the
At the initiative of the President, Uzbekistan has identified key measures to advance the development of green energy, increase the share of renewable energy sources (RES), and reduce harmful emissions into the atmosphere. In line with these objectives, large-scale work is being carried out in the country. According to the Ministry of Ecology, Environmental Protection