Uzbekistan Strengthens Its Position in the Renewable Energy Market

Uzbekistan continues to advance its renewable energy agenda, moving from strong dependence on conventional energy sources toward a more diversified and resilient power system. In an interview with The Investor Uzbekistan 2026, Jurabek Mirzamakhmudov emphasized that the country’s energy transformation is the result of comprehensive reforms, a clear legislative framework, and long-term government commitments to international partners.

According to the interview, Uzbekistan’s installed renewable energy capacity has reached 5.6 GW, including 3.9 GW of solar power and 1.7 GW of wind power. In addition, 1.4 GW of battery energy storage capacity has already been connected to the national grid. In 2025, solar and wind power plants generated 10.5 billion kWh of electricity.

The country’s investment pipeline is also expanding. By 2030, signed agreements cover more than 15 GW of solar and wind projects, along with 3.7 GW of battery energy storage projects. Uzbekistan’s national target is to increase the share of renewables in the energy mix to 54%.

One of the key examples highlighted in the interview is the Nur Bukhara project, developed with Masdar. The complex combines a 250 MW solar power plant with a 63 MW / 126 MWh battery energy storage system. Delivered ahead of schedule, the project demonstrates the practical effectiveness of Uzbekistan’s PPP framework, competitive tendering process, and long-term power purchase agreements.

The interview also underlines that Uzbekistan has built a legal and financial environment designed for long-term energy investments. Investors benefit from 20–25 year power purchase agreements, tax and customs incentives, mechanisms protecting against regulatory changes, grid connection guarantees, and support from international financial institutions.

The development of renewable energy is strategically important not only for Uzbekistan’s energy security, but also for attracting foreign direct investment, introducing modern technologies, reducing CO₂ emissions, and increasing the resilience of the national power system. Uzbekistan is demonstrating that its energy reform has moved into the implementation phase, while the renewable energy market is becoming one of the key drivers of economic growth.

Source: Beyond Investments Group — The Investor Uzbekistan 2026