Uzbekistan to spend over US$700m to three solar plants
25/08/2015 00:02
Uzbekistan to spend over US$700m to three solar plants
25/08/2015 00:02
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan is planning to direct US$700 million to construction of three solar power plants in the country.
Earlier, Uzbekenergo said that it is planned to construct solar photovoltaic stations in Samarkand, Surkhandarya and Namangan regions with the capacity of 100 megawatt each.
Uzbekenergo announced a tender for construction of solar power station with the capacity of 100 megawatt in Samarkand region under turn-key bases in 2014. The results of the tender will be announced in 2015.
According to estimates, the first heliostation in Central Asia can be constructed by 2017, which will produce 200 million KWH of electricity a year. The project cost is US$275.8 million and finance due to the loan of the Asian Development Bank for US$110 million, resources of Fun for Reconstruction and Development of Uzbekistan and Uzbekenergo.
Two solar power stations with the capacity of 100 megawatt each will be constructed in Namangan and Surkhandarya region. The construction of stations can be started in 2017. Total cost of construction of the stations will be about US$450 million.
Uzbekistan is planning to construct several solar power stations with the capacity of over 2 gegawatts. The projects will be financed due to resources of Uzbekenergo and loans of international financial institutions. The potential of solar energy in Uzbekistan is estimate at 50.9 billion tonnes of oil equivalent.
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