On the date, Kyrgyz Minister of Energy Ibolayev said that according to President Zhaparov's instructions, Kyrgyzstan should get rid of the power crisis by 2026. For this purpose, photovoltaic and wind power plants need to be built. Issyk-Kul Prefecture has unique advantages in the field of solar and wind energy. The Ministry of Energy of Kyrgyzstan has signed memoranda and cooperation agreements with many companies. The two parties will strengthen cooperation and accelerate the construction of clean energy power stations.
Kyrgyzstan, a landlocked country in Central Asia, is rich in renewable energy (including hydro, solar and wind). Kyrgyzstan's main source of renewable energy is hydropower, which accounts for approximately 90% of the country's total power generation. In addition to hydropower resources, Kyrgyzstan also has huge potential in developing solar and wind energy. The country has an average of 2,500 to 3,000 hours of sunshine per year, making it an excellent place for solar power generation. In addition, Kyrgyzstan is mountainous (wind speeds can reach 10m/s in some areas), creating favorable conditions for the development of wind energy. Despite this, solar and wind power currently account for less than 1% of the country's total electricity generation.
The biggest challenge in developing new energy sources in Kyrgyzstan is the lack of investment and financing. Developing renewable energy projects requires significant upfront capital, which may deter domestic and foreign investors.