Abu Dhabi Future Energy Company (Masdar) will help develop renewable energy projects across Uzbekistan.
Under a joint development agreement (JDA) struck with Uzbekistan’s Ministry of Energy (MoE) and Ministry of Investments, Industry and Trade (MIIT), the company will work on over 2GW of solar and wind projects and 500MWh of battery energy storage
UAE Minister of Industry and Advanced Technology, Chairman of Masdar, and COP28 President-Designate Dr Sultan Al Jaber said: “The UAE is fully committed to supporting countries to decarbonise.
“Uzbekistan is a key strategic partner, and we continue to work together to deliver renewable energy projects that power homes and businesses, while crucially cutting emissions. The world needs to triple global renewable energy capacity by 2030 to reach the goals set out in the Paris Agreement. As we prepare to host COP28 in the UAE, we believe ambitious partnerships with countries like Uzbekistan are vital in helping to meet this target.”
Mohamed Jameel Al Ramahi, CEO of Masdar, added: “We are making history together in Uzbekistan. Our agreement to develop 2 GW of solar and expand into 500 MWh of battery storage, marks an exciting new chapter in Masdar and Uzbekistan’s shared journey.
“Uzbekistan is a key partner and Masdar is proud to support its ambitious renewable energy goals.”