IPP
, APAC
105 views
Source: Masdar

Masdar, Kyrgyzstan to explore renewable energy opportunities

This includes the development of a ground-mounted and floating solar PV amongst others.

Masdar has signed a memorandum of understanding (MoU) with Kyrgyzstan’s Ministry of Energy to explore the development of renewable energy projects.

Under the MoU, Masdar is expected to explore the development of and investment in projects that has a potential capacity of up to 1 gigawatt (GW), such as ground-mounted solar photovoltaic (PV), floating solar PV, and hydropower projects.

“Masdar is ready to support Kyrgyzstan’s efforts to diversify its energy sources, cut greenhouse gas emissions and deliver carbon-free development by 2050,” Abdulla Zayed, Head of Development and Investment, Asia, at Masdar said.

“Kyrgyzstan has abundant potential to develop a wider range of clean energy resources, including solar and floating solar, which will deliver greater energy security and support better management of water resources.”

The projects are in line with the Kyrgyz Republic’s target to reduce greenhouse gas emissions by as much as 44% by 2030, and achieve carbon neutrality by 2050.

Kyrgyzstan already generates around 90% of its electricity from clean energy resources, mostly from aging hydropower plants.

Masdar noted that by tapping the country’s high irradiation levels, Kyrgyzstan could enhance its energy security, whilst managing its water resource levels.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!