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Home World News

Masdar’s 500MW Zarafshan wind farm in Uzbekistan inaugurated

December 16, 2024
in World News
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Masdar’s 500MW Zarafshan wind farm in Uzbekistan inaugurated
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Abu Dhabi-based future energy company Masdar has announced the inauguration of the 500MW Zarafshan wind farm in Uzbekistan, the largest such facility in Central Asia, by the country’s President Shavkat Mirziyoyev.

The project underscores Uzbekistan’s commitment to expanding its clean energy capacity and highlights the collaboration between Uzbekistan and the United Arab Emirates (UAE) in advancing renewable energy.

Masdar CEO Mohamed Jameel Al Ramahi stated: “Uzbekistan has built upon its legacy as a vital artery on the ancient Silk Road – the historic trade route uniting east and west – becoming a key hub for renewables in the region, moving at pace and at scale to develop landmark clean energy projects and attract investment.

“The inauguration of Zarafshan, one of the largest operational wind farms in Central Asia, highlights the scale of the country’s vision and Masdar’s commitment to helping Uzbekistan achieve its clean energy goals with renewable energy projects that power its homes and businesses – and sustainable growth – while successfully cutting emissions.”

Uzbekistan aims to achieve 20GW of clean energy capacity by 2030, aligning with its broader strategy to enhance its renewable energy infrastructure and reduce its carbon footprint.

Masdar is pivotal in delivering significant projects, including the region’s largest solar and wind farms and its first battery storage project.

The company has pledged to invest $2bn in clean energy projects in Uzbekistan, aiming for a total capacity exceeding 2GW.

UAE Minister of Industry and Advanced Technology and Masdar chairman Sultan Al Jaber stated: “The UAE and Uzbekistan’s enduring relationship is critical to a shared commitment to drive low-carbon socioeconomic progress and clean energy capacity growth.

“Uzbekistan has become a leading investment destination and a clean energy hub for the region as we work to deliver our shared goal of tripling global renewable energy capacity by 2030, as outlined in the historic UAE Consensus.”

Masdar is developing a pipeline of 4GW of renewable projects in their early stages, demonstrating its commitment to the region’s clean energy future.

At COP29, held in Azerbaijan in November 2024, Masdar and the Uzbekistan Ministry of Energy signed an agreement to develop a 1GW wind farm in the Mingbulak region.

The new project will create 1,000 jobs during construction and 60 jobs in operation, providing clean energy to 300,000 homes.

The agreement is the first phase of a broader strategy to establish three wind farms in Uzbekistan.

“Masdar’s 500MW Zarafshan wind farm in Uzbekistan inaugurated” was originally created and published by Power Technology, a GlobalData owned brand.

 


The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Tags: clean energymasdarRenewable EnergyUzbekistanwind farmZarafshan
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