Masdar has inaugurated the 100MW Nur Navoi solar farm in Uzbekistan, the country’s first utility-scale PV development.
The project is also the first successfully-financed independent power producer (IPP) solar farm in the country.
Once fully operational, the plant will produce enough power for 31,000 households and displace around 150,000 tonnes of CO2 each year.
Masdar signed agreements in 2019 with Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build, own and operate the solar plant.
The company established Nur Navoi Solar as the local project company to deliver the PV plant, and to operate and maintain it over a 25-year period.