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

September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.
September 17, 2025
Spanish renewables developer and operator Acciona Energía has commissioned its 412MWp Juna solar PV plant in Kawani village in the western state of Rajasthan. 
September 17, 2025
Spanish IPP Velto Renewables has acquired a portfolio of 53 operational solar assets in Spain with a combined capacity of 260MW.
September 17, 2025
Struggling Swiss solar manufacturer Meyer Burger has formally entered into a debt moratorium, with the possibility of rescuing the entire group now looking unlikely.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 17, 2025
Chinese module producer DAS Solar is planning a 5GW manufacturing facility focused on producing high-efficiency back contact cells.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA