On 21 May, the Asian Development Bank (ADB) and Abu Dhabi Future Energy Company PJSC (Masdar) signed off a $46.5 million loan for the construction of greenfield solar power plant and battery energy storage system (BESS) in Uzbekistan’s Bukhara region. The Nur Bukhara plant will be Central Asia’s first renewable power facility with utility-scale battery storage.
ADB reported that a further $26.5 million has been secured from the Japan International Cooperation Agency. Loans for the realization of the project have also been agreed by the International Finance Corporation, the…
