|22 October, 2019

UAE's Masdar wins bid to develop Uzbekistan solar project

The project will be located in the Navoi region of Uzbekistan.

Image used for illustrative purpose. Solar panels set up by Tesla are seen at the San Juan Children's Hospital, after the island was hit by Hurricane Maria in September, in San Juan, Puerto Rico October 26, 2017.

Image used for illustrative purpose. Solar panels set up by Tesla are seen at the San Juan Children's Hospital, after the island was hit by Hurricane Maria in September, in San Juan, Puerto Rico October 26, 2017.

REUTERS/Alvin Baez

DUBAI- UAE's Masdar, a subsidiary of Mubadala Investment Company, said on Tuesday it had won a bid to develop Uzbekistan’s first public-private partnership (PPP) solar project.

Masdar, one of the world’s leading renewable energy companies, will develop the 100-megawatt (MW) utility-scale solar plant, under the International Finance Corporation’s (IFC) Scaling Solar programme.

The project will be located in the Navoi region of Uzbekistan.

(Reporting by Dahlia Nehme; Editing by Susan Fenton) ((dahlia.nehme@thomsonreuters.com;))

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