Abu Dhabi’s leading renewable energy company, Masdar has entered into an Implementation Agreement with the Government of the Republic of Uzbekistan to increase the capacity of its utility-scale wind farm project to 1.5 GW (gigawatts) which was earlier 500 MW (megawatt).
Last year, Masdar made bilateral agreements with the Government of Uzbekistan, to develop, build and operate the wind farm project and the current expansion will make it the largest wind farm in Central Asia and attract foreign direct investments of more than $600 million into the country.
By increasing the capacity of the project, in the Zarafshan district of the Navoi region, to 1.5 GW Uzbekistan will be enabled to achieve its objectives of adding up to 3 GW of wind energy and meeting 25 percent of its electricity needs from renewable sources by 2030.
The 500 MW wind farm is expected to start functioning by the end of 2024. The project would give enough electricity to power 500,000 homes and displaces 1.1 million tons of carbon dioxide per year.
Mohamed Jameel Al Ramahi CEO Masdar
“Today’s event highlights the significant progress we have made, not only on this project but in helping the Government of the Republic of Uzbekistan to achieve its clean energy and climate change objectives. As a global leader in the development of utility-scale wind power, Masdar is proud to support Uzbekistan’s low-carbon energy strategy, and to strengthen our partnership with the Government to drive sustainable development.”
Commenting on the expansion initiative, UAE Special Envoy for Climate Change and Minister of Industry and Advanced Technology, Dr. Sultan Ahmed Al Jaber said, “For the UAE it is important that our actions on climate can help amplify the efforts of others around the world. Together, we have an unprecedented opportunity to leverage our collective climate action to enhance sustainable growth in Uzbekistan, while making real progress on global climate goals.”
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