Renewable

May 24 (Renewables Now) - Abu Dhabi Future Energy Company PJSC, better known as Masdar, has secured awards for 400 MW of solar projects in two government tenders held in Uzbekistan.

The Central Asian country’s Ministry of Energy said on Friday that Masdar made the lowest bids in the public-private partnership (PPP) tenders for the construction of photovoltaic (PV) parks in the Jizzakh and Samarkand regions. Each of the two projects has a capacity of roughly 200 MW.

Masdar bid USD 18.23 (EUR 14.95) per MWh in the tender for the solar park in Jizzakh. A total of seven compliant bids were submitted.

The solicitation for the Samarkand solar farm ended with six eligible bids. Masdar’s proposal to supply power at USD 17.91 per MWh was selected as the winning one.

Under its renewable energy programme, Uzbekistan plans to deploy 5 GW of solar and 3 GW of wind power capacity by 2030 so as to produce 25% of its total power from renewables by that year. A series of tenders are being held to support that goal, some with the assistance of the International Finance Corp (IFC).

Earlier in May, it was announced that Masdar’s bid of USD 18.045 per MWh had been the lowest one in a tender for a 200-MW solar park in Sherabad district.

(USD 1.0 = EUR 0.820)

Join Renewables Now's free daily newsletter now!