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Masdar’s Zarafshan wind farm is now online: Uzbekistan has cut the ribbon on UAE renewable player Masdar’s 500 MW Zarafshan wind farm bringing Masdar’s operational portfolio in the country up to over 2 GW, according to a press release from Saturday. The USD 600 mn plant is expected to power 500k homes and replace 1.1 mn tons of CO2 annually. Masdar has another 4 GW of Uzbek renewable energy projects in the pipeline.
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What we know about the pipeline: Masdar and Uzbekistan’s Energy Ministry inked an agreement to develop a 1 GW wind farm in Mingbulak during COP29 last month, which boasts a 75 MWh storage capacity. The company also has two solar projects in the pipeline from last year: the 250 MW Bukhara and the 300 MW Guzar Solar PV projects.
Masdar’s bet on Uzbekistan: In January, Masdar connected 1.4 GW of renewable capacity — solar and wind — to Uzbekistan’s electricity grid. The addition brought Masdar’s renewables capacity to 1.5 GW, including its contribution to Uzbekistan’s first 100 MW IPP solar project Nur Navoi, which came online in 2021.
Masdar is expanding its Central Asia footprint: Masdar is currently developing 1 GW worth of solar and wind projects in Azerbaijan as part of the company’s 10 GW renewables plan in the country. The company is also working with EDF on 3.6 GW of hydropower and renewable energy projects in Kyrgyzstan. Earlier in November, a consortium including Masdar inked agreement with Kazakhstan’s government to develop a 1 GW wind farm.
