Voltalia, Masdar among Uzbekistan’s 500MW solar tender winners

Facebook
Twitter
LinkedIn
Reddit
Email
UAE-owned renewables Masdar was one of the three companies who was awarded in Uzbekistan’s latest tender, with a 250MW solar plant. Image: Masdar

The government of Uzbekistan has awarded 500MW of solar capacity in its latest tender, launched in July 2022, with three winning solar projects.

Among the winning bidders is UAE-owned renewables energy company Masdar with a 250MW solar PV plant to be built in the Bukhara region with a winning price of US$0.0304/kWh and will be the first project to implement a battery energy storage system (BESS) with 62MW output.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

This is not the first project for Masdar in Uzbekistan, a country were it previously commissioned the first utility-scale solar PV project last year with 100MW of capacity.

Overall, Masdar has been quite active recently in the region with a 100MW solar agreement in Turkmenistan, achieving financial close for a 230MW solar PV plant in Azerbaijan or a 1GW memorandum of understanding for renewables in Kyrgyztan.

Other winners include a consortium between Chinese renewables GD Power and Chinese state-owned energy company PowerChina for a 150MW project in the Namangan region and with a price of US$0.048/kWh and French renewables Voltalia with 100MW solar plant in the Khorezm region and with the lowest price bidding at US$0,028/kWh.

Voltalia’s plant will use bifacial panels mounted on trackers and is expected to be commissioned in 2024.

“Uzbekistan will be one of Voltalia’s key markets going forward and we are proud to support the country in reaching its ambitious 2030 targets, substantially increasing the country’s renewable electricity production and its energy independence,” said Sébastien Clerc, CEO of Voltalia.

With a recent growth activity of renewables in Uzbekistan, driven itself by a number of low priced solar PV tenders launched by the country’s government, the country increased last summer its 3GW of solar capacity target by 2030 to 7GW.

Read Next

May 28, 2024
Google has signed virtual power purchase agreements (PPAs) with two Japanese companies to build 60MW of new solar capacity in Japan.
May 21, 2024
The World Bank and Masdar have announced a US$159 million financing package to support a 250MW solar-plus-storage project in Uzbekistan.
May 20, 2024
Avintia Energía plans to build an 850MW portfolio of greenfield solar projects with Italian oil giant Eni's subsidiary Plenitude in Spain.
May 16, 2024
French renewables company Voltalia has begun construction on a 126MW solar PV project in Uzbekistan.
May 14, 2024
The Australian government has approved a 800MW solar-plus-storage project in Southern Queensland, developed by SkyLab.
May 10, 2024
Dutch-Norwegian floating solar company SolarDuck and real estate firm Tokyu Land have completed an offshore floating solar PV (FPV) project in Japan.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 29, 2024
11am (EDT) / 5pm (CEST)
Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece