In Short : The Asian Development Bank (ADB) and Masdar have signed a $46.5 million deal to build the 250 MW Nur Bukhara Solar and Battery Storage Project in Uzbekistan—the largest in Central Asia. Featuring a 126 MWh BESS, it will generate 555 GWh annually, powering 55,000 homes and marking the region’s first utility-scale solar […]
Five Things to Know About the Future of Energy in Central Asia – EQ Mag
Central Asia and its neighboring countries need more energy to fuel their development, but climate change means they must significantly cut carbon emissions and accelerate the transition to clean energy. The CAREC Energy Outlook 2030 analyzes the energy landscape and market trends in CAREC member countries. Significant investments in energy efficiency and renewable energy are […]
ADB Signs $52 Million Loan with Masdar to Build Largest Wind Power Plant in Central Asia – EQ Mag Pro
TASHKENT, UZBEKISTAN : The Asian Development Bank (ADB) and Shamol Zarafshan Energy Foreign Enterprise Limited Liability Company (SZE), a wholly owned subsidiary of Abu Dhabi Future Energy Company Private Joint Stock Company (Masdar), signed a $52 million loan agreement to finance Uzbekistan’s first wind power plant and the largest yet developed in Central Asia. The […]
