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 […]
ADB Invests in STEM for Youth Empowerment in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) has invested in promoting STEM education in Uzbekistan to empower youth with future-ready skills. This initiative focuses on enhancing science, technology, engineering, and mathematics learning, particularly for young women. ADB aims to bridge the skills gap, foster innovation, and support Uzbekistan’s vision for a knowledge-based, inclusive, and […]
ADB Supports Strategic Road Upgrade in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) is funding a major road upgrade project in Uzbekistan to strengthen connectivity and trade. The initiative will modernize vital transport corridors, improve travel safety, and support economic growth. By enhancing infrastructure, ADB aims to boost cross-border commerce, reduce logistics costs, and advance Uzbekistan’s long-term vision for sustainable […]
Uzbekistan to Host 59th ADB Annual Meeting in 2026 – EQ
In Short : Uzbekistan will host the 59th Annual Meeting of the Asian Development Bank (ADB) from May 3 to 6, 2026, in Samarkand. This marks Uzbekistan’s second time hosting, following Tashkent in 2010. The event will highlight regional cooperation and sustainable development, bringing together finance ministers, central bank governors, private sector leaders, and civil […]
ADB Signs MOU with AIIB, Azerbaijan, Kazakhstan, and Uzbekistan to Support Feasibility Study for Caspian Green Energy Corridor – EQ
In Short : The Asian Development Bank, AIIB, and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan signed an MOU to support a feasibility study for the Caspian Green Energy Corridor. The project aims to enhance cross-border green energy trade, interconnect regional power systems, and promote sustainable energy transmission from Central Asia to Europe, fostering […]
ACWA Power signs deal to develop wind, battery storage in Uzbekistan – EQ
ACWA Power signs deal to develop wind, battery storage in In Short – ACWA Power secures a contract to advance wind energy and battery storage projects in Uzbekistan, fostering sustainable energy development in the region. In Details – Saudi Arabia’s ACWA Power said March 31 that it has signed an agreement for development of a […]
Saudi’s Acwa Power, Uzbekistan sign agreement for 800 mw renewable project – EQ
In Short : Saudi Arabia’s Acwa Power and Uzbekistan have signed an agreement for an 800 MW renewable energy project, marking a significant collaboration in the advancement of clean energy. This partnership demonstrates a commitment to sustainable development and the expansion of renewable power capacity in Uzbekistan. In Detail : Saudi Arabia’s Acwa power company […]
ACWA POWER SIGNS POWER PURCHASE AND INVESTMENT AGREEMENTS FOR THREE NEW GREEN PROJECTS IN UZBEKISTAN – EQ Mag
Three solar photovoltaic plants with three BESS projects to be developed in Tashkent, Samarkand, and Bukhara Aggregate power production of 1.4 GW from solar PV projects and 1.5 GWh of storage capacity from Battery Energy Storage Systems (BESS) Total investment committed in energy projects currently stands at USD 7.5 bn Supporting Uzbekistan’s ambitious clean energy […]
ADB Approves $150 Million Loan to Improve Economic Management in Uzbekistan – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $150 million policy-based loan and a $400,000 grant to improve economic management in Uzbekistan. The first subprogram of ADB’s Economic Management Improvement Program, Phase 2 continues and deepens ADB’s earlier support in public sector management reforms. The program supports the government’s efforts to reform […]
Saudi Arabia’s ACWA Power Expands Its Energy Portfolio in Uzbekistan – EQ Mag Pro
Inks three major development agreements valued at more than US$12billion on the occasion of the state visit of H.E. Shavkat Mirziyoyev, President, Republic of Uzbekistan to the Kingdom of Saudi Arabia Uzbekistan will become the second largest country for ACWA Power in terms of overall investment Company formalises agreement for c.US$2.4billion 1.5GW wind farm in […]