President of Uzbekistan participated in the ceremony launching construction of an industrial zone specializing in metallurgy and a solar power plant in the Jizzakh region.
Masdar, an Emirati company, was declared the preliminary winner of the bid for the construction and operation of a 300 MW solar photovoltaic plant in Guzar district of Kashkadarya region.
The European Investment Bank approved $83.6 million loan for Uzbekistan’s solar energy program, implemented by UAE’s Masdar. Partnering with ADB, AIIB, and EBRD, EIB’s contribution forms part of a $396.4 million package to construct and operate three PV plants with a total capacity of nearly 900 MW.
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