More from Masdar in Uzbekistan: UAE renewables giant Masdar and Uzbekistan’s Energy Ministry signed an agreement to develop a 1 GW wind farm in Mingbulak during COP29, according to a press release. The wind farm is expected to create 1k construction jobs and provide clean energy to 300k homes. The project marks the first phase of a broader plan — agreed in May last year — to build 2 GW of wind capacity across Uzbekistan.
Masdar has been heavily investing in Asian green energy projects, signing an agreement with Malaysia to proceed with the development of 10 GW worth of clean energy projects late last year. The company is also developing 1 GW worth of solar and wind projects in Azerbaijan, and developing projects in Indonesia, including a plan to triple the size of its Cirata 145 MW floating solar plant and to explore green hydrogen projects. It also signed an agreement with Kyrgyzstan’s Ministry of Energy to establish 3.6 GW of hydropower and renewable energy projects.
Masdar also yesterday signed an investment agreement with Kazakhstan’s government to develop a 1 GW wind farm in the Central-Asian country, set to be one of the biggest of its kind in Central Asia.
IN OTHER MASDAR NEWS-
Masdar and Albania partner on renewable energy projects for regional power supply: Masdar and Albania’s state-owned energy company Kesh signed a joint venture term sheet to develop GW-scale renewable energy projects, focusing on solar, wind, and hybrid technologies with potential battery storage, according to a statement. This agreement, signed at COP29 in Baku, will serve Albania and be exported to neighboring countries.