Tashkent, Uzbekistan (UzDaily.com) August 22
- China Longyuan Power Group plans to implement investment projects in the field of alternative energy in Fergana.
A meeting was held at the Fergana Regional Administration with representatives of Longyuan Power Group, which specializes in the construction and operation of wind and solar power plants.
The meeting discussed issues related to Longyuan Power Group's investment in major energy projects in the region. The company is involved in the design, construction and management of various types of power plants, including wind, solar, geothermal, tidal, natural gas, coal and biomass. In addition, it is engaged in the sale of electricity, sale of energy equipment and coal, and provides maintenance and repair services for power plants and equipment.
Local authorities emphasized the company's advanced experience in the energy sector and the potential for cooperation, especially in the installation of solar panels and solar battery charging stations at large enterprises. Discussions included proposals for the construction of compact substations in various parts of the region and information about industrial zones such as the "Shursuv" industrial zone.
Special officials have been appointed to cooperate with company representatives in exploring industrial zones and developing promising projects.
This article is the fourth in the series of "Uzbekistan Business Tips" of Central Asian Industry Research, which deeply introduces the industrial policies, laws and regulations, industrial trends, market demand, competitive landscape and potential trading opportunities in the fields of investment, trade and engineering construction in Central Asia.
Green transformation of natural gas countries
In recent years, Uzbekistan has taken solid steps in its low-carbon strategy. Faced with the carbon emission challenges brought by the energy structure dominated by natural gas, the country is actively seeking a path of transformation.
The government focuses on energy diversification and clean energy, aiming to gradually reduce dependence on fossil fuels by improving the efficiency of natural gas power generation and introducing combined cycle technology. At the same time, vigorously developing renewable energy has become a core strategy, with the goal of achieving 12 gigawatts of renewable energy installed capacity by 2030, covering solar, wind and hydropower. Several international cooperation projects have been launched to accelerate this green transformation process.
Improving energy efficiency is also a key link. Uzbekistan has taken a two-pronged approach in the industrial and construction fields. By modernizing high-energy-consuming industries and introducing efficient production processes and equipment, energy consumption and carbon emissions have been effectively reduced. In addition, the promotion of green building standards and the application of energy-saving materials ensure that new buildings meet strict energy efficiency standards, and old buildings are also rejuvenated in the renovation.
The improvement of policies and regulations safeguards the low-carbon transformation. Uzbekistan actively responded to the Paris Agreement and pledged to reduce greenhouse gas emissions by 35% by 2030 compared with 2010. To this end, the government has introduced a series of incentives, including investment incentives, tax exemptions and carbon emission regulatory mechanisms, aimed at promoting the development of clean energy and improving energy efficiency.
International cooperation has become an important driving force for Uzbekistan's low-carbon strategy. Close cooperation with institutions such as the World Bank and the Asian Development Bank has not only obtained financial and technical assistance, but also promoted clean energy projects, energy efficiency improvements and infrastructure upgrades. Cooperation with multilateral partners such as the European Union, Japan, and China has opened up broad space for responding to climate change and obtaining support from the Green Climate Fund.
Although the road to transformation is full of challenges, such as huge investment demand, technical bottlenecks to be solved, and the improvement of execution and public awareness, Uzbekistan is moving forward steadily with its abundant solar and wind energy resources and opportunities brought by international cooperation. Its low-carbon strategy not only focuses on fundamental changes in the energy structure, but also strives to enhance the country's energy security and economic sustainable development capabilities. In the future, with the widespread application of renewable energy and the continuous improvement of energy efficiency, Uzbekistan is expected to achieve remarkable results in carbon emission reduction and green economic transformation.
Central Asian Renewable Energy Strategic Cooperation
China Longyuan Power Group has participated in renewable energy projects such as wind and solar in Central Asia. As one of China's large wind power companies, Longyuan Power's investment and project construction in Central Asia are in line with China's energy cooperation and sustainable development goals under the Belt and Road Initiative.
Kazakhstan
Wind power projects: Longyuan Power has several wind power projects in Kazakhstan, aiming to utilize the abundant local wind resources for electricity production. For example, Longyuan Power has developed some wind power projects in the Zhetisu region in southeastern Kazakhstan, which include installed capacities ranging from tens of megawatts to hundreds of megawatts.
Solar power projects: In addition to wind power, Longyuan Power is also involved in solar power generation. In the Turkistan Region in southern Kazakhstan, Longyuan Power has developed some small and medium-sized solar power generation projects to promote the development of clean energy in the local area.
Uzbekistan
Wind power projects: Longyuan Power is relatively new to Uzbekistan, but is already exploring opportunities for wind power generation. Uzbekistan has abundant wind resources, especially in areas such as Karakalpakstan. Longyuan Power is discussing potential wind power project development with local governments and partners.
Solar power projects: Uzbekistan also has abundant solar energy resources, and Longyuan Power, like other Chinese companies, is evaluating solar power project investment opportunities in the country. The Uzbek government has recently introduced a series of policies to encourage the development of renewable energy, which has attracted the attention of companies such as Longyuan Power.
Other Central Asian countries
Kyrgyzstan and Tajikistan: In other Central Asian countries such as Kyrgyzstan and Tajikistan, Longyuan Power is also conducting market research and preliminary project feasibility studies, focusing mainly on the development of wind power and small hydropower stations. Due to the mountainous terrain and abundant water resources in these countries, small hydropower stations and wind power projects have great development potential.
Partnerships
Cooperation with local governments and international organizations: Longyuan Power cooperates with local governments, international organizations (such as the Asian Development Bank) and other Chinese companies in Central Asia. By participating in public bidding and PPP (public-private partnership) models, Longyuan Power can better integrate into the local market, adapt to local policies and regulations, and promote project implementation.
Technology and experience output: Longyuan Power not only invests and builds in Central Asia, but also exports advanced wind power and solar power generation technologies, as well as management experience and talent training to the local area to help these countries develop renewable energy industries.
Through these projects and cooperation, Longyuan Power is strengthening its influence in Central Asia and contributing to the energy transformation and sustainable development of Central Asian countries. These layouts will not only help enhance the international image of Chinese companies, but also help achieve mutual benefit and win-win results under the "Belt and Road" initiative.