Investment Project: Production of photovoltaic panels
In the near future, a PPP-based tender will be launched in Uzbekistan for two more projects in the field of solar energy with a capacity of up to 200 MW each in Samarkand and Jizzakh regions, followed by additional tenders with a total capacity of 500 MW.
Uzbekistan has set itself a goal of generating alternative energy with a capacity of up to 5 GW by 2030.
Advantages of project implementation:
According to research by IHS Markit, the global photovoltaic (PV) market will grow 142 GW in 2020, up 14% from last year. The key European markets are expected to be Spain, Germany, the Netherlands, France, Italy and Ukraine, which will account for 63% of all new solar generation facilities in Europe in 2020.
Total imports of photovoltaic panels for 2019 amounted to 4.4 million USD in monetary terms.
If necessary, assistance will be provided in the search and identification of local partners with production experience that are part of the Uzeltexsanoat Association.
Key investment indicators:
$15.0 M Estimated project cost
4 years Payback period of the project
70 Number of new jobs created
The local market of Uzbekistan, as well as neighboring Central Asian and CIS countries, are considered as the main markets for products.