Masdar is exploring the development of a round-the-clock clean energy project in Uzbekistan, targeting up to 1 GW of baseload capacity, according to a press release. The collaboration between Emirates Utilities Development Co, the Uzbek Energy Ministry, ans Masdar will also have JSC Uzenergosotish as offtaker.

The project adds to Masdar's roughly 2 GW renewables portfolio in the country, where investments exceed USD 2 bn.

Exporting home vision: The company recently broke ground on its round-the-clock solar-and-storage project in Abu Dhabi, pairing a 5.2 GW solar PV plant with a 19 GWh battery energy storage system. This type of project addresses the intermittent nature of most renewables projects by giving off energy 24/7.

Why the CIS matters: Masdar sees the Commonwealth of Independent States (CIS) region as a strategic growth engine as it targets 100 GW of global capacity by 2030, and is actively expanding its footprint in Uzbekistan, Kazakhstan, Azerbaijan, and beyond.