Masdar has a new Uzbek project: Masdar signed an agreement with Uzbekistan’s state-owned JSC Uzenergosotish to develop a standalone battery energy storage (BESS) project in the country, according to a statement. No financial ticket was disclosed for the project, which is set to start operations in 3Q 2028.

About the project: The BESS plant is part of an implementation agreement between Masdar and Uzbekistan to develop up to 1.15 GWh of BESS capacity across the country. It will be developed in two phases, each delivering 300 MW / 600 MWh of storage capacity for the 500 MW Zarafshan wind farm which it also developed and inaugurated earlier in 2024.

Expanding the footprint: Masdar has five solar plants in Uzbekistan with a capacity of around 1.2 GW, with 300 MW more under construction, the statement adds. and is developing 2 GW of wind capacity across the country.

It’s not just Masdar — several UAE firms are pouring investments in Uzbekistan: Abu Dhabi-based Global South Utilities acquired a 51% stake in Uzbek solar project developer Yashil Energiya in September. Taqa and Mubadala also completed the acquisition of an 875 MW gas-fired power plant at Uzbekistan’s Talimarjan Power Complex earlier this year.

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