Uzbekistan gets US$100 million ADB loan for first solar power plant

Facebook
Twitter
LinkedIn
Reddit
Email

The Asian Development Bank (ADB) will help Uzbekistan to build a 100MW solar project, the country's first utility-scale solar power plant.

ADB will lend US$110 million from its Asian development fund to the ‘Samarkand Solar Power Project’ in Samarkand.  

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

A further US$200 million of funding is to come from Uzbekistan’s Fund for Reconstruction and Development, and Uzbekenergo, the governing body for supplying electricity in Uzbekistan. Uzbekenergo, which is responsible for half of central Asia’s energy generation capacity, will manage the solar project and other related facilities.

The Samarkand project will take five years to develop and construct, with a completion date of 2019. The project is will be used to promote large-scale solar power in the country and tackle recent power shortages. It will also diversify Uzbekistan’s energy mix which is currently heavily reliant on fossil fuels.

The International Solar Energy Institute (ISEI), a training centre for solar technicians in East Africa, will be responsible for capacity building, as well as other stakeholders. Uzbekistan is aiming to be the region's solar energy hub and leader in solar technology. The ISEI is to help Uzbekistan in reaching this ambition. 

Uzbekistan posseses large land areas with high solar irradiance as well as the highly skilled human resources needed to become a “major player in solar energy development in this region”, said ADB president, Takehiko Nakao during the sixth meeting of the Asia Solar Energy Forum in Tashkent.

“This project will be the largest of its kind in central Asia and one of the largest in the world,” said Nakao.

ADB is a co-organiser for the Asia Solar Energy Forum, founded in 2012 specifically for promoting solar energy investment in Asia and the Pacific.

The project will aid Uzbekistan’s government target of 21% renewable energy generation by 2031.

Read Next

November 13, 2026
Chinese solar cell producer Drinda New Energy Technology has cancelled plans to build a cell manufacturing plant in Oman.
November 13, 2026
Greek developer Metlen Energy and Metals and Greek maritime company Tsakos Group have started construction at a 251.9MW solar-plus-storage project in Greece.
November 13, 2026
Energy infrastructure contractor DS1 has been tasked with constructing a 300MW PV power plant in Lithuania, billed as the Baltic country’s largest.
Premium
November 13, 2026
As US voters backed data centre moratoriums in the midterms, this raises questions over solar PV's AI-linked growth in the years ahead.
November 13, 2026
Indian renewables company ReNew Energy Global has planned to invest INR800 billion (US$8.53 billion) in the southeastern Indian state of Andhra Pradesh across solar manufacturing and a data centre.
November 13, 2026
Teraco has selected JA to deliver n-type solar PV modules to its 120MW Sediba solar PV project in Parys, Free State province, South Africa.

Upcoming Events

Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye