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

May 18, 2026
Naqaa Sustainable Energy has signed a power purchase agreement (PPA) for a 2.7GW hybrid renewable energy project in Mahout and Duqm, Oman.
May 18, 2026
The Vietnamese state power utility Vietnam Energy Generation Corporation 1 (EVNGENCO1) has proposed the development of 270MW of floating solar PV capacity on three hydropower reservoirs.
May 18, 2026
RUMSL has launched two solar-plus-storage projects in India designed to provide power supply during peak demand periods.
May 18, 2026
US real estate company CIM Group has launched an energy platform with a 2GW portfolio of solar PV and battery energy storage system (BESS) assets.
May 18, 2026
OX2 has started construction work at its Muswellbrook project, which combines 135MW of solar capacity and 100MW of batteries.
May 18, 2026
Danish IPP European Energy has started constructing a 225.5MW agrivoltaic solar PV project in Sicily, which it claims will be the “largest” such project in Italy.

Upcoming Events

Solar Media Events
May 20, 2026
Porto, Portugal
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 2, 2026
Johannesburg, South Africa
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)