1st international conference
«RENEWABLE ENERGY 2023: CENTRAL ASIA & CAUCASUS»

Generation of renewable energy sources with a total capacity of more than 8GW will be launched in Uzbekistan in nearest years. Thus ACWA Power (Saudi Arabia) will build the largest wind power plant in Central Asia with a capacity of 1.5GW in Karakalpakstan. A $2.4 billion worth project will be implemented by 2026. Masdar Company (UAE) is already working on a wind farm construction in the Navoi region of Uzbekistan. Its capacity will be 500MW, the volume of investments is estimated at $600 million. Chinese wind turbine manufacturer Goldwind will supply 111 GW155 turbines with a capacity of 4.5MW for this project. In addition in 2021 Masdar also signed an agreement on the construction of solar photovoltaic plants with a total capacity of 897MW in a number of regions of Uzbekistan.

It is worth noting that in Uzbekistan where the energy sector is 80% dependent on natural gas a draft strategy for the transition to a "green" economy has been developed. It is planned to build 25 solar power plants in the country over the next 10 years. The potential of renewable energy sources, wind and solar, is highly appreciated by experts. These projects are part of the government's plan to provide a quarter of the electricity generated from renewable sources by 2030. Uzbekistan's neighbors are also striving to develop “green” energy. So far the only producer of wind energy in Central Asia is Kazakhstan where the installed capacity of wind turbines in the period from 2014 to 2021 increased more than twenty times (from 0.05GW) but has not yet exceeded the mark of 1.2GW. The development of renewable energy is one of the most priority areas of the “economy of the future" in Kazakhstan. The country's leadership actively supports and develops projects based on renewable energy sources. The Kazakhstan Government plans to increase the share of alternative energy sources to 30% by 2030.

As for the countries of the South Caucasus all the republics have also announced plans to transition to a "green" economy. Thus by 2030 wind farms with a total capacity of up to 200MW are planned to be built in Armenia, the necessary investments will amount to about $200-300 million. Within a few years, Azerbaijan plans to implement projects to create 420MW of generating capacity in the field of renewable energy, including 350MW for wind energy, 50MW for solar energy and 20MW for bioenergy. Electricity consumption continues to grow in Georgia but for now this growth will be completely replaced by electricity imports. In general, foreign investors are still cautious about plans for the energy facilities construction in all of the South Caucasus countries.

Within the frameworks of the “RENEWABLE ENERGY 2023: CENTRAL ASIA & CAUCASUS” conference we will discuss prospects of the renewable energy industry throughout the former USSR.

Among the Conference topics: :

• investment plans for the WPP and SPP construction in Georgia, Baltic States and CIS overview;
• WPP and SPP facilities financing and insurance;
• second-hand wind turbines use, pros and cons;
• production localization, Georgia and Russia experience;
• energy facilities construction logistics support.

Conference will be held on the 16 of March and on the 17 of March an informal program to consolidate new business contacts is planned. As part of the tour, delegates will visit the Old City in Tashkent, see the famous Tashkent metro and drive to a unique object – The Sun Institute.

Conference will be held with the Association of Renewable Energy of Kazakhstan support.

ATTENTION!
Uzbekistani government has defined a list of countries whose citizens can enter the country without a visa, including CIS countries, EEC countries, Israel, Turkey, UAE, Switzerland, South Korea, USA, Canada, Australia, China etc.