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Uzbekistan to cover its growing electricity needs with green energy sources

In the next six years, Uzbekistan’s electricity demand will increase from the current 83 billion to 120 billion kilowatt hours, and the country will cover this primarily through renewable energy sources, President Shavkat Mirziyoyev said on December 27, at the launching ceremony of major projects in the field of green energy.

Mirziyoyev said that Uzbekistan has set a goal of doubling its industrial production by 2030 and plans to implement more than 500 major industrial and infrastructure projects worth $150 billion. To accomplish these ambitious goals, the country needs to have a guaranteed and stable energy supply.

Uzbekistan will consistently continue its active investment policy to increase the capacity of green energy sources to 27 gigawatts by 2030, the President said, adding that the country possesses enormous potential for green energy.

“In order to encourage the industry, we have launched the ‘Solar House’ system to provide preferential loans and subsidies for the installation of solar panels and ensure the guaranteed purchase of generated electricity. This year alone, 50,000 households and entrepreneurs have installed solar panels in our country,” Mirziyoyev said.

Currently, Uzbekistan is implementing projects for construction of 22 solar and wind power stations with a total capacity of 9 gigawatts, and the Uzbek government will create all the necessary conditions and preferences for foreign investors to implement such priority projects, the Uzbek leader concluded.

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