Deals Counterparts

Masdar to develop 897MW solar PV portfolio in Uzbekistan

Development Solar announced Uzbekistan Mar 24, 2023
897 MW
Capacity

Masdar is developing an 897MW solar PV portfolio in Uzbekistan, comprising three plants: Samarkand (220MW), Jizzakh (220MW), and Sherabad (456.7MW). This project, selected through an international competitive tender, aims to support Uzbekistan's energy transition and includes associated interconnection facilities to the national grid.

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Deal Analysis

Masdar, a clean energy pioneer driving the UAE's global energy transition efforts, will develop an 897MW solar PV portfolio across three sites in Uzbekistan: Samarkand, Jizzakh, and Sherabad. This substantial project, awarded through an international competitive tender, includes critical interconnection facilities to Uzbekistan's national grid. The initiative directly supports Uzbekistan's energy transition goals, with the Ministry of Investment and Foreign Trade and Ministry of Finance acting as local partners. Notably, the Ministry of Energy of Saudi Arabia is also listed as a partner, signaling broader regional collaboration in clean energy development.
  • 897MW solar PV capacity across three plants.
  • Includes 456.7MW Sherabad plant, the largest of the three.
  • Awarded via international competitive tender.
  • Saudi Ministry of Energy listed as a partner.

Timeline

Announced
Mar 24, 2023
Signed
Closed

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