Uzbekistan Signs 25-Year PPA for Nur Bukhara Solar Power Plant with BESS Component

Uzbekistan’s state-owned electricity grid has recently signed a 25-year power purchase agreement (PPA) with Nur Bukhara Solar to purchase electricity generated by the plant. Additionally, the company has committed to managing the Battery Energy Storage System (BESS) component of the project for the next decade.

The plant will be constructed in the Bukhara region in southern Uzbekistan, near the Turkmenistan border. However, a specific timeline for the project’s construction and commissioning has not been provided.

Financing for the project includes loans totaling US$53 million from the World Bank’s International Finance Corporation (IFC), as well as loans amounting to US$106 million from the Asian Development Bank (ADB), Dutch Entrepreneurial Development Bank, and the Japan International Cooperation Agency. These financial arrangements will support the development and implementation of the project.

For more information on this exciting development in renewable energy, visit our affiliate site PV Tech.