Masdar to drive clean energy projects in Kyrgyzstan with 1 GW capacity
Masdar has signed an agreement with the Kyrgyz Republic’s Ministry of Energy to develop a pipeline of renewable projects in the Central Asian nation, with a capacity of up to 1 gigawatt (GW), starting with a 200-megawatt (MW) solar photovoltaic (PV) plant.
Kyrgyzstan is looking to reduce its greenhouse gas emissions by as much as 44 percent by 2030 and achieve carbon neutrality by 2050. While the country already generates around 90 percent of its electricity from clean energy resources, this is almost exclusively from aging hydropower plants. The country’s high solar irradiation levels provide the opportunity to increase clean energy access and security.
The implementation agreement builds upon a memorandum of understanding signed by the two sides in April last year, in which Masdar agreed to explore renewable energy opportunities in the Kyrgyz Republic in support of the country’s decarbonization goals. Under the agreement, Masdar would explore and invest in a wide range of renewable energy projects such as ground-mounted solar PV, floating solar PV, and hydropower projects.
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