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

November 25, 2013
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

January 21, 2026
Total corporate funding in the solar PV industry reached US$22.2 billion in 2025, a 16% year-on-year decrease.
Premium
January 21, 2026
To say that it has been a busy time for the US solar industry lately would be an understatement, especially at the policy and tariff level.
January 21, 2026
Solar polysilicon manufacturer United Solar Holding has secured over US$900 million in financing for its polysilicon plant in Oman.
January 21, 2026
LONGi Green, Tongwei, JA Solar, TCL Zhonghuan and Aiko Solar are projecting a combined 2025 deficit of RMB28.9-32.8 billion (US$4.1-4.7 billion).
January 21, 2026
Without quality control, even expensive, high-precision radiometers can generate misleading data, according to Solargis' Marcel Suri.
January 21, 2026
Energy generation and storage developer Estuary Power has completed the final phase of construction at its Escape solar project in Lincoln County, Nevada. 

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA