W Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar, plans to develop 500 MW of clean energy projects in Tajikistan, including floating PV installations. Contact online >>
W Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar, plans to develop 500 MW of clean energy projects in Tajikistan, including floating PV installations.
Agreement signed between MW Energy, a joint venture between Masdar and W Solar Investment, and the Ministry of Energy and Water Resources of the Republic of Tajikistan.
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Chinese developer Eging PV Technology says it will build a 200 MW solar power station in southwestern Tajikistan. The nation will also construct its first production plant for solar equipment, with investment from South Korea''s Global Solar Wafer.
Earlier this week, Eging PV Technology Co signed a memorandum of understanding with Tajikistan''s Ministry of Economic Development for the construction of the project.
The project will proceed in four stages, with the first stage involving the construction of the solar plant on a 250-hectare area following a $150 million investment. According to a statement from the Tajik ministry, the total investment across all four stages will amount to $1.5 billion.
Also this week, Tajikistan President Emomali Rahmon laid the foundation stone for construction of the country''s first solar equipment production plant in Danghara Free Economic Zone, Khatlon province. The factory, which is expected to cost $2 million, is receiving investment from South Korea''s Global Solar Wafer.
Construction is set to begin in July, with the first of four phases planned for completion in March 2025. The plant''s initial manufacturing capacity is expected to stand at 5,000 MW, according to a statement from the president''s press service. Once fully operational, it will provide 8,000 jobs, with 95% allocated to Tajik citizens.
In October 2023, plans were announced for 500 MW of renewables in Tajikistan, including floating PV installations. The country has set a target of generating 1 GW of energy from renewable sources by 2030.
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