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  • РУ
  • O'Z
  • EN
  • About Ministry
    • About Ministry
    • Board
    • Administration
    • Jobs
    • Ministry structure
    • Scientific and Technical Council
    • Central office
  • Press-center
    • News
    • Events
    • Performances and statements by management
    • Media plan
    • Mass Media about us
    • Press Service Contacts
    • Hit statistics
    • Energry efficiency information portal
    • Hero of Uzbekistan
    • Rate policy
    • Open data portal
    • Scientific works
    • Scheduled shutdowns
  • ACTIVITY
    • Development Concept and Investment opportunities
    • Oil and gas industry
    • Power industry
    • Nuclear power
    • Renewable energy sources
    • Energy Efficiency and Energy Saving
    • State control in the field of energy
    • State control in the oil and gas sector
    • The international cooperation
    • Anti-corruption
    • Rules of Ethical Conduct
    • Agreement Implementation Group
  • Documents
    • The laws
    • Decrees, decrees and orders of the President
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    • Normative acts registered by the Ministry of Justice
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The company "Masdar" considers Uzbekistan as a strategic market and there are a number of good reasons for this
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  • The company "Masdar" considers Uzbekistan as a strategic market and there are a number of good reasons for this

Nail Hannigan, Director of Financial Affairs at Masdar UAE, assessed the current work on the development of renewable energy sources in Uzbekistan, the company's projects and their prospects.

- The first of them is that the Head of State has a clear strategy and big ambitions to get more than 25% of energy from renewable sources by 2030.

At the same time, a strong legal framework in this area strengthens the confidence of foreign investors in your country.

A big plus is the support of the country's renewable energy projects by international financial institutions, including the International Finance Corporation, the European Bank for Reconstruction and Development, and the Islamic Development Bank.

We are currently implementing five projects in Uzbekistan. In the future, we want to actively participate in tenders and implement more joint projects. At the same time, there are plans to expand the already started joint projects.

We entered the country's market through the Nur Navoi project and are proud to be one of the first in Uzbekistan in the field of renewable energy sources.

We are confident in the long-term nature of our cooperation and we would like to note that today we have partnership plans for at least 25-30 years.

This is natural, because now we are implementing five projects here with a total capacity of about 1,500 MW. And taking into account the fact that Uzbekistan has set itself big and ambitious goals for the development of renewable energy, we have a lot of joint work to do.

Moreover, the state creates all the necessary opportunities and favorable conditions for this, which constantly increases the investment attractiveness of the country for investors like us. Therefore, we are focused on long-term cooperation with Uzbekistan," said Nail Hannigan.

05.09.2022
1180
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Ministry of Energy of the Republic of Uzbekistan
  • About Ministry
    • About Ministry
    • Board
    • Administration
    • Jobs
    • Ministry structure
    • Scientific and Technical Council
    • Central office
  • Press-center
    • News
    • Events
    • Performances and statements by management
    • Media plan
    • Mass Media about us
    • Press Service Contacts
    • Hit statistics
    • Energry efficiency information portal
    • Hero of Uzbekistan
    • Rate policy
    • Open data portal
    • Scientific works
    • Scheduled shutdowns
  • ACTIVITY
    • Development Concept and Investment opportunities
    • Oil and gas industry
    • Power industry
    • Nuclear power
    • Renewable energy sources
    • Energy Efficiency and Energy Saving
    • State control in the field of energy
    • State control in the oil and gas sector
    • The international cooperation
    • Anti-corruption
    • Rules of Ethical Conduct
    • Agreement Implementation Group
  • Documents
    • The laws
    • Decrees, decrees and orders of the President
    • Decisions and orders of the Government
    • Normative acts registered by the Ministry of Justice
    • Occupational standards
    • Orders and decisions of the Ministry
  • Contacts
  • Youth union
    • Objectives
    • Documents
    • Оrganizational structure
    • News
    • Photo gallery
    • Young Professionals Selection Program
  • Save Energy
    • News
  • Trade union
    • News
    • Events
  • Open data
    • Open data
  • Energy Efficiency System (ES)
  • Fight against corruption
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